Agoracom: Small Cap Investment - Inspiration Mining

Welcome To The Inspiration Mining HUB On AGORACOM

The company is exploring for nickel deposits on its Langmuir property near Timmins, Ontario; for nickel-gold-copper on its Cleaver and Douglas properties; and for molybdenum and rare earth elements at recently acquired Desrosiers property.

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before opening bell

vanchester

Apr 20, 2011 09:04PM

whaler

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Re: before opening bell

in response to

before opening bell

vanchester

posted on Apr 21, 2011 01:41AM

ISM Bids as of 2:20 PM

0.27 43,000 1 order
0.26 10,000 1 order
0.25 337,500 4 orders

It would appear that the large bid we see at 0.25 is a "good for the day" type order.

I can also say that there has been a single bid in for 300K at 0.25 in the times I have watched and it can be joined by others at this level. There were 4 orders today at that price level.

So at day end, if it has not filled entirely or even partially, it is cancelled and it would seem the buyer places the same order again for the following day.

I don't see it so much as a game but rather a low baller bid, which now because of the lack of news, is not so low afterall and is likely hoping the market comes to him to fill (accumulation). Also serves as a nice support level too.