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Bullboard - Stock Discussion Forum WestFire Energy Ltd T.WFE

TSX:WFE - Post Discussion

WestFire Energy Ltd > Trap day
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Post by can1 on Jul 31, 2012 11:21am

Trap day

it looks like today is a trap day. The volume showing on the TSE is deceiving, it appears an iceberg order is in affect at 4.77    We are seeing more volume thru other trading exchanges than the TSE.  This is common for an aquirer to sit on a price range to fill their requirement or to keep the stock price in line.   Its a good time for small investors to pick away at the iceberg at 4.77  Its intended to block small investors from driving the price up too fast.
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