James Bay Lowlands & Bob Lake Saskatchewan

Yes, a BIG HIT and only more big hits are coming

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Message: Re: Chewing through sellers
3
Dec 28, 2007 05:06AM

The SP does appear to be holding up well in light of a 60% increase yesterday. It looks like the 50dma at .74 is the support/resistance pivot and we need more buyers to push it higher; I would like to see it stay above if possible. I learned that there are only two reasons why a stock price moves higher or lower given for every transaction there is a buyer and a seller. A stock price moves up if the buyers are more aggressive then the sellers resulting in a higher price. (we saw this yesterday) A stock price moves down if the sellers are more aggressive then the buyers. In either case aggressive buying or selling is usually an indication of some king of event or activitiy that is in the making. Hense buy the rumor and sell the news. As I type the price is .75 with 3.387.276 shares traded.

2
Dec 28, 2007 06:26AM
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