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Discuss the various junior resource companies within the McFaulds Lake Area

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Message: Re: Retail Selling pressure
5
Mar 06, 2008 04:20AM

You sense wrong since I'd actually like to sell some Noront today. I simply share my concern that today we'll see pressure on Noront share price and the US Market is tanking which WILL hurt to some extent. Maybe we'll see some price recovery later today but before that I expect the Market makers and nervous retail holders will drive share price lower.

You can hardly blame me for the US Market drop, currently down 100 index points, or even todays Noront dip in share price. I called it right today and did sell some Noront on opening at less than I'd really have liked to get. Frankly I'd buy them back if it drops lower than I expect and sell more if it goes close to or over $7 on no news.

 

 

1
Mar 06, 2008 05:39AM
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