Post by
goldopportunity on Jun 19, 2018 7:26pm
Fwiw........
Alxdf closed at usd .035 = cdn .0464 (boc 1.3276 close)
Alxdf closed considerably higher from the session's multi-year intra-day low. Coincidently, the sp also hit a 9-day high. Volume was slightly above the daily average.
Meanwhile, selling pressure continued on azx. The cdn .04 bid was taken out for a bit. Volume was heavy -- a combined 4.4M traded on all cdn exchanges. No trading in last 20 minutes.
Both alxdf and azx were well bid on the close.
Bottom-line:
So let's cut to the chase: What happens tomorrow? The pros most likely will start the day by holding back their bids, and goose at least the best ask. So I'm thinking a mexican stand-off may ensue.
The plan would be to have a relatively low volume session (especially with azx). What we could see is a wide spread between the best bid and best ask. That would be a good sign as it would signal the pros really want your shares (they think counter-intuitively), and those on the sell side are digging in their heels. Generally speaking, the wider the bid/ask spread, the better.
So we'll see what happens. I consider alexandria a gem in the rough. Stand your ground. Jmvho.
goldopp
Comment by
Shylock on Jun 20, 2018 2:19pm
Greetings goldopp. Yes, it is difficult to overstate the trouble EO has caused and why anyone would post they would consider supporting him is beyond me and beyond logic. It is professional con artists like EO who sense the dimwitted and the weak and make a play for them. He is to be avoided like rat poison.