posted on
Nov 28, 2012 04:29PM
Message: Re: L2
Well, that was an interesting day. Someone (plural) gobbled up the $.035 dump which, after the dust settled, returned to four on the ask which is where the float has been recently. Any number of reasons for selling.....(1) Cash requirement (2) gold down big time today (3) computer generation (4) sudden nervousness (5) impending news.
I would dismiss (5) or asks at market would come out of the woodwork, I would dismiss (4) because that would be caused by (5) and (2) is unlikely because UC is not big enough to get affected by a 2% price drop in a day.
So we're down to (1) and (3). BTW, where's the Truckster?
Best regards,
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