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Bullboard - Stock Discussion Forum Encore Renaissance Resources Corp V.EZ

TSXV:EZ - Post Discussion

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Post by profiteer2 on Dec 07, 2010 12:56pm

Volume

Can someone please explain how the he11 7M shares are traded today and the price does not go up one iota. Someone is dumping big time. I refuse to believe that there are that many traders that got into this stock for under 7 cents. What gives?
Comment by 889900 on Dec 07, 2010 1:33pm
Games!!!!!!!If someone was dumping, we'd be seeing 3 cents again. I think this is an orchestrated cross see/buy scheme to pick up loose shares. People see large volumes trading without price accumulation,they get nervous and sell out, only to buy back down the road at a higher price.Watch the players, not the game. Abi is out, lets him buy/sell without reporting as insider. We will start the ...more  
Comment by profiteer2 on Dec 07, 2010 2:22pm
Thanks for the info 889900. I can so see this happpening! The manipulation here is unbelievable. Don't worry...I have no intention of selling my shares until we see a move up to at least the mid teens. I believe it will happen before the end of January. What I should do is scoop up another 100,000 shares at 6.5 - 7 to try to give these a-holes a taste of their own medicine if ...more  
Comment by rchawla on Dec 07, 2010 3:58pm
For anyone who understands small cap understands that there are swaps happening ... that's all.  Money is changing hands for new IR or new investors on the market.
Comment by Hockeynut2 on Dec 07, 2010 8:49pm
Tax loss time. By a country mile, not all mine, but check out RSG.
Comment by Hockeynut2 on Dec 07, 2010 8:54pm
PS. I'm not out completely and the RBC site list outstanding shares at 245,500,000 million shares.
Comment by dogger2 on Dec 07, 2010 10:42pm
Share count ..... Q3 numbers have O/S at 218,382,237 add 13mil for the PP and 20 mil for BCT and it should be 251,382,237.The TMX site has the 245,481,077 figure also .... numbers never add up for EZ . Probably lots selling on the Boner news , tax loss , day traders selling for a penny profit . My guess would be that Encore is seeing some support and buying via pin action from SD ...more  
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