I sense that the larger market is going to exhaust itself pretty soon with all the crappy news south of the border. Today and tomorrow may see the TSX down another 300-500 points. Lot's of froth; lot's of gnashing of teeth. But market sentiment is always up. Even hedge fund managers want it going that way. And December through March is generally a very, very good stretch for the market.
Here's the SPQ Level 2 at around 2:15 p.m. EST.
------------------------------------...
SPIDER RESOURCES INC (CA: SPQ) |
Last: |
0.115 |
|
Change: |
-0.010 |
|
Volume: |
1,976,250 |
|
Last Trade: |
14:09 |
Level ll Quote |
Bid |
|
Ask |
Price
|
Total Size
|
# of Orders
|
|
Price
|
Total Size
|
# of Orders
|
$0.12 |
0 |
1 |
|
$0.11 |
0 |
1 |
$0.115 |
54 |
3 |
|
$0.12 |
1597 |
15 |
$0.11 |
2243 |
27 |
|
$0.125 |
2012 |
14 |
$0.105 |
1680 |
23 |
|
$0.13 |
1144 |
9 |
$0.10 |
2575 |
36 |
|
$0.135 |
484 |
9 |
$0.095 |
196 |
6 |
|
$0.14 |
592 |
8 |
$0.09 |
886 |
13 |
|
$0.145 |
871 |
12 |
$0.085 |
370 |
4 |
|
$0.15 |
1364 |
19 |
$0.08 |
638 |
8 |
|
$0.155 |
2385 |
7 |
$0.075 |
176 |
1 |
|
$0.16 |
342 |
1 |
|
Lot's of SPQ investors trying to get bargains. Good on them.
Just as there seems to be the perfect negative storm going on in the markets at this time, I think that there's an upcoming perfect positive storm coming for SPQ and McFauld's investors. A top-notch TDEM survey, good drill results, and share prices at deep-discount prices, there's a possibility of a Happy Big Bagger Holiday!!! Be patient!
Snug