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Bullboard - Stock Discussion Forum Mira Resources Corp V.MRP

TSXV:MRP - Post Discussion

Mira Resources Corp > Interesting
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Post by bobsmith1 on Nov 29, 2011 7:51pm

Interesting

Late day sell off due to impatience perhaps ? Fear ? of the unknown ? Or just a quirky manipulation ahead of a quadrupling in resource. Clue #1.....The buying that took place at higher levels in copius quantities is tangible, and for a reason. Clue #2....Pull a chart.Clue #3.....Look at the houses and their positions.Clue #4....An old floor trader told me once "read between the lines when assessing a trading situation".Clue #5...No insider sells.Clue #6....(Should be #1).....I will let you figure it out.
Comment by SmitherTime on Nov 29, 2011 8:18pm
Fear selling...man it can do crazy things to a stock!  5 hours ago we were all in the same boat thinking, "The news must not be good, and it seems the market knows it before I do."  If in fact that is not true...there is going to be a buying spree whenever the market realizes it.  I will undoubtedly be adding to my position tomorrow.  The stock is sitting at its 52 ...more  
Comment by smithgee on Nov 29, 2011 8:37pm
i saw this type of dumping on a few of my plays today.USO for example had a large support bid at .20 cents ... someone freaked and dumped it all the way down to .145 cents!!!USO released financials after hours and nothing wrong with them ... projects moving along as expected and lots of cash in the bank.BWD ... same thing, LNG same thing, BWN same thing ... I expect now that the quarter is over ...more  
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