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Bullboard - Stock Discussion Forum Great Bear Resources Ltd. GTBAF

Great Bear Resources Ltd. is a Vancouver-based gold exploration company focused on advancing its 100% owned Dixie project in Northwestern Ontario, Canada. A significant exploration drill program is currently underway to define the mineralization within a large-scale, high-grade disseminated gold discovery made in 2019, the LP Fault. Additional exploration drilling is also in progress to... see more

OTCQX:GTBAF - Post Discussion

Great Bear Resources Ltd. > Maybe someone is trying to trigger the stops because these
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Post by Goaweigh on Jul 16, 2020 10:13am

Maybe someone is trying to trigger the stops because these

" sell at market " orders first thing in the morning have been going on for ages now and I can't believe people are that stupid. There must be a .50 to .70 swing from the morning lows to the close every day or almost every day which is stupid so I'm thinking someone is trying to start a cascade of selling by finding that sweet spot where people have put in stop loss orders, maybe they think it's a nice round number like $ 16.80 so if they can trigger that then the sells will automatically kick in and drive the stock to $ 16.50 and they can scoop up 50,000 in the ensuing panic. 
Don't know but I start to wonder when I see the same stupid behaviour 365 days a year, can people really be this stupid. 
Guess it could be dam foreigners with inefficient trading platforms too..LOL !
Comment by lechmeir on Jul 16, 2020 10:46am
can people really be this stupid.  Is that a rhetorical question,?
Comment by goldman88 on Jul 16, 2020 11:02am
This post has been removed in accordance with Community Policy
Comment by goldbuz on Jul 16, 2020 12:10pm
Sadly, I think it’s a lot of retail investors panicking, not thinking about how we got here to begin with. Lots of drilling,with great results, with lots more to come. Think about the last big price correction,back in March, we’ve gone up more than 3 times since then. Will it happen again, I think it can, but not all at once. There will always be pullbacks in price, and then surges ahead. August ...more  
Comment by Goaweigh on Jul 16, 2020 2:25pm
Other than the selling at market stupidity I think that for the first time since we made this discovery we actually have a little friendly competition. When this discovery was made almost two years ago we were pretty much the only game in town, other than maybe WM, but they were always ahead of us in price I think and they also had a massive amount of stock outstanding so weren't nearly as ...more  
Comment by flashcash on Jul 16, 2020 3:46pm
Anyone else been accumulating  ?
Comment by vestor111 on Jul 16, 2020 7:23pm
I buy a little here and there.  Not concerned.  This what they do.  Gold is the go to asset and the world is waking to that.  Large CB buying last month.   Follow the money.  
Comment by eatmorefiber2 on Jul 16, 2020 3:45pm
POG hammered by the Yen/Dollar carry.  As the dollar began to rally, they hammered POG and then the miners.  Then they used those dollars purchased for yen to buy US equities, hence the current rally into the close. Perfect time to paint the tape on GBR with low volume.
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