Re: Canaccord
in response to
by
posted on
Jan 09, 2008 05:30AM
Discuss the various junior resource companies within the McFaulds Lake Area
You can call it manipulation or market savvy I suppose. Selling shares at a high and buying them back lower is not manipulation to me, its playing the market as it is meant to be played. This low volume sell-off reeks of accumulation to me ,but I would like to see Canaccord or Anon on the buy side. So far that hasn't happened here. When you see Anon or CC step up to the plate and buying, you will know the retail guy has been suckered into puking up his/her shares on the cheap. It would not suprise me to see NOT close over $4 today, nor would it suprise me to see the $3.50 level tested before the big bounce.... JMHO
Al
..forget about what House #7 does