Hmm, Lots of Volume...
posted on
Apr 14, 2016 06:58PM
But, no movement. So what's the story? There are usually 2 options happening when there is lots of volume with no movement. Either someone wants out and just keeps selling into the bid but won't go below a certain price point or...
Someone is accumulating before a significant time in history... I know "of" a person who gets an occasional tip like that and lives "very" comfortably...
Seeing as I own this stock and after being underfoot for sooo long, I would gravitate to the first option. However, I am ever the optimist so I keep buying stocks wondering if I can ever get it right. I have met Jim at the Noront Golf Classic years back and he seemed like a decent sort at the time. I only hope that his plans are working towards fruition and that the market will recognize this play after they start mining... Only time will tell. Hopefully I will still be around if and it happens ;-). Best of Luck to all!!
Herb