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Bullboard - Stock Discussion Forum Douglas Lake Minerals Inc DLKM

GREY:DLKM - Post Discussion

Douglas Lake Minerals Inc > Boy some day!
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Post by Jasper16 on Feb 20, 2009 6:59pm

Boy some day!

368K of shares traded and down a penny? Someone or bodies wanted out and at the same time someone or bodies buying? I just don't get it, news, no movement. No news, no reason, big volume? I get the feeling like I'm being played with. I mean 16K to 368K.

Does anything in this world act like it's supposed to anymore? Almost like two parties just traded shares with each other.
Comment by Urban_Renegade on Feb 20, 2009 8:36pm
Jasper you've been around long enough to know that DLKM traditionally has a big volume surge just prior to news being released. My impression is that someone wanted in bad prior to the next results release. I wouldn't worry about the fact that it was down a penny....we were up 3 cents on 250K at one point  but  some clown decided to sell a whopping 300 shares at the close to drag ...more  
Comment by stockarchangel on Feb 21, 2009 10:27am
Usually, when you see high volume and the price goes nowhere (neither up or down), they're crossing stock for one reason or another and tinkering with everybody elses psychological well-being LOL.