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Bullboard - Stock Discussion Forum
Guestlogix Inc
T.GXI.R
Industrials
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TSX:GXI.R - Post Discussion
Guestlogix Inc
> weak leaves being blown away
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jazzlistener2
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Post by
jazzlistener2
on Jan 22, 2014 11:08am
weak leaves being blown away
I suspect stop losses were hit today causing a cascading effect. Hoping things will settle down around a support base of 1.30 . Topped up at 1.29 myself.
(10)
•••
GUY2012
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Comment by
GUY2012
on Jan 22, 2014 2:39pm
This is just consolidation ahead of the next leg up. IMO, Somebody is putting up a large ASK # in order to create the illusion that shares are being unloaded....but really is a way of getting the weak to sell into the bid thus allowing the MM to aquire on the cheap. Given the recent NR's, coupled with the very bullish sentiment of several BNN guests as of late.....this stock
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