Post by
atrickpay on Jul 10, 2009 10:00am
Looks like Mr. CanAccord is finally finished selli
He sold a boatload this morning at 3c. And he's now no longer on the Ask. It looks like he is done.
With him gone all his downward pressure caused by his mass selling is also gone.
Also, I just noticed that there is really good support at 2.5c. 3.15M bid. So, that's good for us who are long.
Comment by
Obidiah on Jul 10, 2009 12:12pm
Still a boatload of shares at .035 to go through. 13 orders, 2.5m shares. Could anybody be making money selling at these levels? A pre BK rush to the door perhaps?
Comment by
kitty7 on Jul 12, 2009 6:43am
sounds like a stupid question but am new to this so bear with me.... are these guys likely to start up again any time soon, the money they got recently can't last forever!!!!
Comment by
atrickpay on Jul 13, 2009 3:04pm
Ya, some moron from TD-SEC is selling 1.5M shares. If he's trying to get rid of them why would he sell such a big amount all at once? It's stupid--it scares off buyers.
Comment by
trendisafriend on Jul 13, 2009 6:40pm
Well, maybe TD guy knows more than you about the workings of the company. Looks like a time to just be patient, and perhaps buy a little, but wait for more clarity. As there is a lot of willing sellers here.