Seafield Resources Ltd V.SFF

I don't get it

[Murtz]

I don't f****** understand. Good results, good financing deal. And the stock goes down?

Huge quantity in the ask. Nobody wants the stock. I don't get it.

[calico]

Market manipulators at it again.  Loading up the ask with fake offers.  Or, keeping stock price down for cheapo pp.

[FratzyBottFish]

 ...    our main catalyst Price of Gold (POG) is just falling like a rock (lately in a parabolic move). 9 out of 10 sessions in the red, and so impacting all Gold stocks.   Add POG in a constant downtrend since last test high 1798$ back in Oct... Weekly gold chart https://stockcharts.com/h-sc/ui?s=$GOLD&p=W&yr=1&mn=6&dy=0&id=p58674360182  

[jewel9m]

Right there with you Murtz. I do not understand this. It would be one thing if we had a run up earlier and people where taking profits. But we are sitting at a one year low, (.10) have great results and are fully financed to feasibility. What am I missing. I realize the float is high but can not be many making money at these prices. Why sell at a 1 year low. ALso nore drill results to come. &

[Zooloo]

I think the problem is deflation. i.e. if one gets the idea that he/she can sell at nearly any price and buy back in later (if so desired) at a lower price then one has a reason to sell low. Of course there is likely some capitulation going on as well. It is pretty discouraging to see good news and a decining share price.  JMHO. 

[Cavcalade]

@Murtz: Basically I think it's because Gold is dropping.   Support at 1550 or 1530 should hold. Then form another uptrend towards 1700 and 1800. The market is bad. I see it improving over the next few months. Also the explorer market is even worse. Also see it improving. I mean, can it get even worse? Only can get better.

[specul8tor]

It's called cheap options being dumped....We need to get this 800lb gorilla off our back who seem's intent on following us at every down tick...

[botloc01]

If we can't move up with all of these good news, it will most likely hit another 52wk low with more correction in pog. Mess up market. Nothing will satisfy the market.  It's time for the management to pick up the shares in the open market. 

[ACESover]

specul8tor, what cheap options are you referring to? Unless they got them for under a dime insiders will lose selling at the current price. Also, yesterday you posted insiders were dumping . There are regs in place and insiders can not sell after a NR until "reasonable time" has allowed the news to be disseminated. I am sure that would mean at least one day. I still feel it is MM's

[specul8tor]

I have found you can't go by TMX Money with regard to insider trading.I have found out in the past that Canadian Insider is much more accurate.I also have learned over the year's that any "rule's" with regard to the Vulture Exchange are not terribly adheared to...The main point is I think many would agree this selling pressure is not your average small retail trader

[baumann93]

here is the canadianinsider page - https://www.canadianinsider.com/node/7?menu_tickersearch=sff where is the insider trading?