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Message: Re: Big dealers pounce on Quebec gas play

Hi 4D....welcome.

Yeah I got a chance to read that last night...very good article...sorry to everyone for not posting it, but it was late. Thank you again for posting that for us.

As you can see, we hit some high numbers, then down again...there are definantely some games being played here, but someone made a good point that I read on the SH board....and that is that if we are seeing this desperate attempt to always push the sp lower, shows that someone really wants to grab everything they can. They could let it run and keep buying and I am sure make huge profits, yet they would rather sacrifice some short term small gain and rather grab up as many shares as possible for as cheap as possible. Now this might not just be day traders, but the sp was holding strong for a long time and hit some pretty nice numbers today, yet again back down. With drilling starting soon and forest ready to annouce some things I am sure, this might be the last time for people to grab as many shares as possible.

Anywho, I could be reading into this...but it has happened over a week now everyday at the end of the day. We hit $5.58 a couple days ago, then down to finish at $5.11 and down for the day all very quickly. I guess it wouldn't be a bad idea to try and sell at the end and buy back before days end, but I am a long term buy and hold....with my luck, it would be the day that it rises and the heavy buying at the end and then I'd be done for lol.

Thoughts?

Welcome again 4D!

Rocco:)

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