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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 > stop losses feeding upon itself
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Post by ALLEN4 on May 09, 2012 9:57am

stop losses feeding upon itself

seems to me this is just pure technical trading stop losses being triggered without any regard to value.  Maybe we will trade for less than our cash in the bank; bring it on, I will double my position
Comment by gold_diggers1 on May 09, 2012 10:50am
ALLEN4 - "seems to me this is just pure technical trading stop losses being triggered without any regard to value.  Maybe we will trade for less than our cash in the bank; bring it on, I will double my position" . wow, you do realize that VTR will have to be trading below 30 cents to be less than VTR's cash in the bank, don't you?  Could that happen? . KGN is ...more  
Comment by ALLEN4 on May 09, 2012 11:12am
No I do not see that happening at all, but I did not see these prices either, just saying if someone is foolish enough to sell their shares based on less than cash in the bank, I will be there to buy it up..  my only point is what we are seeing now in the market is beyond irrational, and the only explanation is technical trading feeding upon itself....the sheep in the market...that is what ...more  
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