Gensource Potash Corp V.GSP

GSP

[stockwatcher248]

BTB...what is your take on the recent trading...significant volume in the 4 days prior to conference call then insignificant trading after the call...why all the trading just prior to call

[bobbythebaker]

I have a pretty simple take on the buying before the call.  Someone figured it would be good news for investors and 15-30 cents was cheap if the Tugaske deal worked out.  The call itself was indeed good news, but our buyer had already stolen the short term upside.  Markets don't go up or down in a straight line, and I suppose some folks were hoping for more on the call, so that&

[stockwatcher248]

ya my stumped BTB....was that heavy buying speculators looking for a flip on on great news, which they never got, promoters, brokers, investors generating high volumes to attract attention to the stock...watever!!

[bobbythebaker]

You're right, Stockwatcher.  There's no way of knowing what market players were truly thinking before and after the update call.  As is this case with many of my *early stage* holdings, as there's often little the company can say while it tries to break through, shareholders are left to read the tea leaves of the market action. Here another little leaf I found floating in

[stockwatcher248]

ya no kidding BTB...certainly disconcerting to see such a lack of buyers after the conference call to have the stock drop 25% on such little volume...would have been tough trying to sell stock that day with the buyers disappearing....hopefully we can consolidate somewhere in the 20's...