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Bullboard - Stock Discussion Forum American Consolidated Minerals Corp AMERF

GREY:AMERF - Post Discussion

American Consolidated Minerals Corp > Why so much buyers not buying?
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Post by rickyclean on Dec 20, 2010 9:56am

Why so much buyers not buying?

If you look at depth of AJC market, which so much buyers, you would almost be sure that there will be abnormal buying following. 

That's not the case here with AJC.

Take only the first front linge of AJC Market Depth

Shares registered to buy at the Bid: 577,000.  Ask side registered sellers wanting to sell...only 71,000 but no eating at all.

The same for the other 6 front  first lines of the Market Depth. 

But stil no   eating of the much smaller asks. 

What's the f.u.k.?
Comment by rickyclean on Dec 20, 2010 10:27am
10:26 # of orders 7 Ready to buy 412,000 shares at 0.07ç# of orders 6Ready to sell 107,000 shares at 0.075çIn normal situation the buying at 0.075ç might be instantly.But in AJC nothing at all.  Everything is frozen, paralysed.What's the f.u.c.k.?
Comment by rickyclean on Dec 20, 2010 11:00am
Hé Man! A miracle just happen.  AJC has stepped to 0.075ç from 0.07ç.....
Comment by ok2buy on Dec 20, 2010 11:35am
Everyone is still looking for a year end sell off deal - that's why there is no volume.   No one wants to buy into the ask (except perhaps for me..LOL)  instead hoping that there is one more sell off as those who bought in the $ 0.20's on the last runup get impatient and unload to take the tax loss.  I believe that most of the selling is done.   But there ...more  
Comment by al2006 on Dec 20, 2010 11:55am
To me it is still looking good with almost 100% of gain in two days a week ago. It is normal to have some correction plus we had decreasing volume, which is good,  just to clear, weak trader!. I still believe that we could received some other new or other property news close to AJC property before Xmas. This is my T.A point of view based on those two days of abnormal ...more  
Comment by rickyclean on Dec 20, 2010 3:57pm
Hé Man! Another miracle.  AJC just made a news step up to .08ç from 0.075ç
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