Re: How to buy COU?
in response to
by
posted on
Jul 30, 2009 01:32PM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
Thanks for the Canadian slant on the business of buying.. By the sound of it, Canadians may be having almost as much trouble as we are South of the border., when it comes to buying this stock . But I guess that's the price of being perhaps too early.
FWIW, I did a little weekly volume study for COU going back to the first week of April '09 from data gleaned from the CNSX Website : http://www.cnsx.ca/Page.asp Here are the weekly trading - volume, only,summaries, The date, noted below, indicates the last day of the trading week.
Week Ending Weekly Volume ( # thousands of shares trading hands)
4/3 0
4/9 3K
4/17 410K
5/1 5K
5/8 110K
5/15 104K
5/22 10K
5/29 273K
6/5 0
6/12 2,265 K ( 2.265 million shares)
6/19 222K
6/26 63K
7/3 10K (short holiday week)
7/10 245K
7/17 370K
7/24 (last wk) 304K
Conclusion:
Nothing jumps out that I can see except for perhaps the week of June 12 when a lot of insider buying too place. Also, the obvious [so far] uptrend in volume since just after the first week of July. This is all too much like trying to read tea leaves , & hardly worth the effort, IMHO. 'Just have to wait for something more substantive from the company.