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Bullboard - Stock Discussion Forum LAKE SHORE GOLD CORP 6.25 PCT DEBS T.LSG.DB

TSX:LSG.DB - Post Discussion

LAKE SHORE GOLD CORP 6.25 PCT DEBS > new lows.... but yet low volumes...
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Post by Mr.Nugget on Apr 17, 2013 12:46pm

new lows.... but yet low volumes...

Look at ABX and K, you notice the heavy selling in volumes. What would be the reason for LSG going down with normal volumes? There's really no heavy selling going on, aside from peoples/investment firms putting in place their stop losses and people are sill buying. The sector as a whole is down, it appears in general that gold needs a catalyst of something to make people want to buy it. I'm investing, but by not the Buy and Hold strategy..... but the "Buy and Hope."

 

Mr. Nugget

Comment by TriN2Learn on Apr 17, 2013 6:05pm
<Look at ABX and K, you notice the heavy selling in volumes. What would be the reason for LSG going down with normal volumes?> It may seem simple minded, but more shares are being offered for sale, than the number of shares on the buy side.  The buy/sell must eventually match, but at a lower-than-current price.  Volume mis-match results in price movement, not the absolute volume in ...more  
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