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Bullboard - Stock Discussion Forum Longford Energy Inc V.LFD

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TSXV:LFD - Post Discussion

Longford Energy Inc > Manipulation
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Post by alstra32 on Jan 11, 2012 10:23am

Manipulation

Unbeleivable! If you noticed this morning first 20 minutes.

Who would think that by trading a combined measely  $25000 worth of shares you can drop a share price 10% ? Essentially wiping $3,000,000 of market cap of the books  !!!

Comment by justiceleague on Jan 11, 2012 10:45am
This type of trading activity is typical just before a major announcement. Nothing to be concerned about. As an example, just look at Gulfkey Stone's share price days before their major announcement in mid 2009 and you will see the trading pattern is similar..
Longford Energy Inc