Woulfe Mining Corp WFEMF

Segusmundo / All

[laurant]

Was looking at the chart and notice something. I don't pretend that I know what the significance is if any but any comments would be appreciated.

On Sept. 27th Wof traded 7.4 million shares with a closing price of .31 cents.

On Oct. 19th Wof was trading at .26 cents.

 

On Nov. 14th Wof traded 4.2 million shares with a closing price of .32 cents.

On Nov. 15th Wof was trading at .29 cents.

 

On Dec. 3rd Wof traded 5.8 million shares with a closing price of .38 cents.

As of Jan. 3rd Wof is trading at .30 cents.

Doesn't seem very positive to me.  Kinda feels like "dumping shares" to me.

Would have assumed the opposite of what the chart is telling me.

Comments?

Thanks in advance.

[Flow23]

High Volumes are based on Dundee's buyings and cross sellings. Have a look at Canadian Insider.

[Majormac79]

exactly Flow23. The slow depreciation of the share price has been the day traders looking for a faster return elsewhere. This is good in the effect of fiancing news where they share price should be climbing rapidly due to the day traders having already sold off.

[Segusmundo]

Hi Laurant. You post: what significance, if any, should be placed on market share price (S/P) and Volume (V) volatility from 9/27/12 to current? Is it share dumping? Other board members have already provided the answer concerning the source of these large volume share movements: institutional traders in action. As to the "dumping question," I assume reasonable minds differ as to

[petropig]

Thanks for the great post Seg!