Post by
swpb on Nov 26, 2010 9:58am
trading range 14.25-15.50
you now this stock trades in a 1.25 range every second week on very low volume. I wonder how long it will take the tsx to figure out what is going on?
There must be a handful of guys running this up and down for a bi-weekly paycheck. Seems to me with $900k these guys have enough stock money to influence the stock price in this range.
let's see if it happens again in the next 2 weeks, or they move it into a higher channelling range.
Comment by
1condor on Nov 26, 2010 6:33pm
Interesting observation and one I have noticed since holding this stock. I am hoping for a breakout in December which should push it to 17 bucks. If the resistance cant be broken then I may consider selling it in the new year.