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Bullboard - Stock Discussion Forum Woulfe Mining Corp WFEMF

Woulfe Mining Corp is a mineral exploration company. It is engaged in the acquisition, exploration and development of mineral properties.

GREY:WFEMF - Post Discussion

Woulfe Mining Corp > Stock price at .0021
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Post by Happy4GudInfo on Dec 26, 2014 4:28am

Stock price at .0021

Yesterday the share price dropped from about .05 to .0021.  Does anyone know why?  Someone on another board said the price was entered incorrectly.  That seemed like pretty wishful thinking to me.  Is the price going to ZERO?  Any views?
Comment by 74volfram on Dec 26, 2014 9:55am
I looked at bid/ask on the OTC after the 4000 share last Wednesday dump, and it was "normal" at 4/5c. CSE was 5/6c.  It also looks normal now at 4/6c OTC. CSE is closed today.  On the other hand, why anguish over $10 worth of transaction the day before Christmas?  The market for Woulfe is very thin, particularly OTC. Tax loss sales are typically done at market, and if the ...more  
Comment by 74volfram on Dec 26, 2014 7:33pm
to the poster looking for good info: this should make you feel better about the sudden SP drop on Wednesday. Assuming the chart shows on the post - otherwise try "https://ih.advfn.com/p.php?pid=webchart&btn=s_ok&ctl00%24sb3%24tbq1=Get+Quote&as_values_IH=&ctl00%24sb3%24stb1=Search+iHub&symbol=USOTC%3AWFEMF&s_ok=Get+Chart&period=1&drawmode=2&size=19& ...more  
Comment by 74volfram on Dec 26, 2014 7:46pm
I should reconsider what I just wrote - because now the 0.2c Wednedsday trade appears on the chart as a smal fraction of the Wednesday trades.  And now again it is not on the chart.  Interesting chart behavior. Unsettled trades?
Comment by chizzles on Dec 26, 2014 8:13pm
Either way, today's trading was the fourth highest volume of the month and the highest if we put aside the three days (Dec 17-19) between the two NR's last week bringing the price back up to .0059...
Comment by GaiusGermanicus on Dec 27, 2014 5:58pm
It was an anomolous "declare worthless" or market sale by someone for just over 300 shares.  In other words, not a meaningful part of the volume and was probably never even seen by a market maker.
Comment by Segusmundo on Dec 29, 2014 1:53am
Interesting thing that .0021 trade. Level two numbers from the CSE show the trade as occurring on 12/23/14 for 200 shares at .0021. However, this trade was followed by a 1000 share trade at .05 cents. As such, the close on the CSE should have been .05 cents, rather than .0021.  Level two numbers from WFEMF (USA) show that the 200 share trade at .0021 occurred on 12/24/14, followed by a 700 ...more  
Comment by tradercarib2 on Dec 30, 2014 9:21am
Contrary to all the posts regarding the 2 print, I was very pleased to see it. A bad print, that's only purpose was to allow the price movement bottom, only to be followed by a 2700% gain the following day. In other words, 'manipulated' or forced. They will now allow the share price to move higher from here, as the 2700% gain from the all time low will represent itself as a ' ...more