Re: Volume falls off a cliff

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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alcollard

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Re: Volume falls off a cliff

in response to

Re: Volume falls off a cliff

Rosedale

posted on Oct 29, 2007 08:07AM

I'm a buyer here Rosedale. Here's my take, they plant story Nemis sold, then volume was low this morning because most people have are in waiting for AGM and assay results, they have a low volume sell-off and take out the stops, they slowly accumulate on the way back up, cleaning out the daytraders on flushes on the way up.

Yes, it reeks of accumulation. Now that the big boys have taken a position expect volatility, theres only so many shares out there to buy and they want yours and mine as cheap as they can get them. We aren't playing with the penny boys and girls anymore, we are now playing with the big boys. They don't play to lose.