looking at GWG today's action i notice the volume were close to average while a lot of stocks were well below average , there was a strong spike in volume after 11 0'clock as the price was around 0.235-0.24 and it pushed the price upward up to 0.26 and 0.265 again with strong volumes by the end of trading day while the TSX kept going down .

That suggest to me that support is around that price and if the market climbs a little bit tomorow i believe the SP should'nt go down below 0.26 and might climb back to 0.28 especialy if the TSX total volumes increase .

Why the cie. reduced it's finacing i would'nt know , is that a matter to worry about ? My first guess woulb be yes . Are the fundamentals good ? i'd say so based on what we know . Did the market really affected the first deal or did the people doing the financing tried to take advantage of the situation ? who knows . Was the BOD weak in their dealing ? Maybe we'd need to know some of the details in order to get a good idea of what went on .

I'm definitely disappointed about the actual SP , i wish i hwaited just a bit longer before getting back in but that's my decision like any shareholders yet i did buy following the first financing announcement based on the price of 0.31/share wich was misleading following the second announcement .

As for now i'll sit on this one for a while and reflect on the matter , i figured what the downside was and i made up my mind about the upside target as well for this year , i'm not in anything for the long term but it always remain my last option if a loss is beyond my expectations .

No use to get mad it blurs the mind , might as well get even with the market and i agree it's easier said then done .

Tec

PS i tried to copy the level 2 from baystreet.ca but to no avail ,you can always look it up if u wish it showsa the strenght by the end of the day ..