Channel Resources Ltd V.CHU

What's with the crazy drop todat?

[ds760]

Anyone have any idea? Just some people getting out of the market on a down day?

[conboy]

I couldnt believe it!!! I think some guy somewhere who probably bought at 5 cents or higher decided to sell 200 thousand shares or so!!! A few others followed in a panic I imagine!! I bought 25000 more at 31 and it went lower!! I couldnt believe my eyes but with a market cap this small a retail investor can drive it down if they choose!! I dont see nothing but upside with this company and a buying

[mrcashflow]

  Guess people can't be bothered waiting for drill results....Company just granted options to dirctors and consultants @ .40 cents. Stock is now @ .28 cents after a 20% correction today. Looks like a nice price  to step in at. Market is very volatile right now but the fundementals for gold remain strong. The U.S is still in a fiscal mess, and sooner or later the reality 

[ds760]

Volume was minimal. Looks like some profit taking and price got hit down at the end of the day by a nervous individual. Greta buy opp at this price. I predict a sharp jump back up tomorrow.

[Bpultra]

I couldnt believe it!!! I think some guy somewhere who probably bought at 5 cents or higher decided to sell 200 thousand shares or so!!! A few others followed in a panic I imagine!! I bought 25000 more at 31 and it went lower!! I couldnt believe my eyes but with a market cap this small a retail investor can drive it down if they choose!! I dont see nothing but upside with this company and a buying