Donkeyman, <<<<<Continued my analysis on wsp>>>>>
Now let's go on to the right topics real good stuff of critical analysis.
Let's assume that WSP trading in it's own market system to isolate the confusion of any other stocks so we can concentarte for our critical thinking.
Donkeyman, by looking at the recent wsp trading volume and trading activities, it has reduced a lot, hasn't it???? If you did not see it, go clike any chart, it would tell you that WSP volume traded down from that early January 1,000,000 to recent 100,000 to 300,000 shares per day. WHY???? three reasons:
1. Market pissed off WSP is still unable to disclose that important CF and Bulk Sample results, investors losing trusts and interests in this wsp play. So activities and volume are reduced significantly.
2. Investors and traders were losing money in this three months except MR. John Paquet and MR.AJ...... etc just to name a few who did critical thinking. Doneyman, if investors losing money do you think they would have the trust and courage to play this wsp game play again????
3. This is very important one, Donkeyman, if within this WSP market system, the money which is taken out by Mr. John Paquet nearly $$.50M Canadian, Donkeyman do you see any vitality in this play, the money has been taken out within the wsp system. And NOw more importantly, that two way commission of this day in and day out trading. The money are taken out from this WSP system by those who are registered and qualified brokers nation-wide in each of provinces, and investors are scary about the concerns about that CF and bulk sample results, they are losing the trusts and interests as you see the volume and activities are dying. Only as My observations that Sudhir groups were still buying as someone would not and could not quit. This is true picture, Donkeyman.
JP
A question for you just in time.]
Question: When and what conditions would change this trading pattern?????
Answer: Plaese give me yours. My answer is when that CF and bulk samples results are in the public domain which could be in Sptember of 1999.
ps Bearish Technical Analysis is NEXT.......Stay tuned.....>>>>>>> |