Wayne:
I see that Nesbitt and Latimer did the bulk of the buying towards the days end. I suppose that could be perceived as being a good sign, rather than seeing it spread all over the place. However, I would assume the same holds true for the selling as well. It is pretty obvious that CT Services and Leveques were dumping in the morning, but then there was no more evidence of this through out the rest of the day. I believe that if we can ever see this come to an end, that we will see some share price appreciation. There is obviously people wanting to buy this stock, but as long as others are willing to dump they're paper, why would the buyers want to bid it up. I have noticed recently, that the days seem to start out real slow, almost like everyone is waiting for the other side to make they're first move, and after this move has been established, it seems as if it sets the tone for the day. Maybe sometime soon, the people willing to dump they're paper will eventually disappear, and then the momentum can switch the other way. Just some things for all of us to think of, but I would'nt put a whole lot of thought into it.
Good Luck Don
Good Luck Don |