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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: jackjc who wrote (18280)8/15/2006 12:34:48 PM
From: Mr. Aloha  Read Replies (1) | Respond to of 78410
 
A similar situation occured with my favorite non-metals stock, JER Envirotech. A couple of large sellers pressured the stock down to less than half the high from a few months ago (sound familiar?). They finally finished selling at the end of last month and the stock rebounded over 50% the next couple of weeks on no news as the new buyers have been buying up all the cheap shares they can get (they're still bidding): Message 22719072

Whenever the large seller(s) are done, we should see a similar rebound in MMGG.



To: jackjc who wrote (18280)8/15/2006 2:05:55 PM
From: Mr. Aloha  Read Replies (1) | Respond to of 78410
 
Wow, looks like the volume at the ask has been enormous today. I show nearly 20:1 ratio of volume at the ask vs. volume at the bid. I don't think I've ever seen anything like that on volume like this.

The big seller has kept a huge offer (disguised) out there, and several buyers have been happy to keep buying from them. Very interesting contest indeed.


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