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Bullboard - Stock Discussion Forum Voltalia Ord Shs VLTAF

Voltalia SA is a France-based holding company engaged in the renewable utilities sector. It designs, develops and operates electric power stations in numerous countries, such as France, French Guyana, Brazil, Greece and Morocco. The Company generates electricity using a variety of renewable energy sources. These include wind, water, biomass and solar power. In addition, Voltalia SA specializes... see more

PINL:VLTAF - Post Discussion

Voltalia Ord Shs > All gains wiped out
View:
Post by explorer14 on May 26, 2011 2:02pm

All gains wiped out


Again, how easy it is  to bring the price down 5% on less than 100k volume

The NR drilling results vanished

No support for VTR

Amazing
Comment by VentureTrader1 on May 26, 2011 3:42pm
Can't catch a bid right now - I think probably another trip back to 1.20 is in the cards (maybe its required - can't let the market take off right after the accumulation without a little downside first).  If this was going to be the move, it would have happened already.  Probably what'll happen now is- big capitulation move down to test/break the previous lows.- immediately ...more  
Comment by VentureTrader1 on May 26, 2011 3:59pm
Oh yeah, CAN.V's another that fits the pattern.  So common, a good strategy would just be to have perpetual bids on on the hot performers at 10% and 20% below the 200 dma, and then just wait for the inevitable break to those level.s