TYHEE GOLD CORP

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Message: Trading Pattern

Trading Pattern

posted on Sep 18, 2008 07:35AM

Does anybody notice the trading pattern here?

It's not just here though, I see the same pattern on another junior I follow.

Today for example Tyhee traded roughly 73,000 shares at the price range of 0.23 to 0.26. Then someone always comes in at 11:00 am or shortly thereafter and starts what appear to be idiotic sells. They are apparently sell at market because a limit order would be expected to be placed somewhere in the trading range or if one was desperate at the bottom of the trading range.

Today's sales started using a 1 min bar on stockcharts at somewhere between 10:30 and 10:45.

First trade approx 8000 shares @ 0.235 to 0.22

Second trade approx 27,000 shares @ 0.205 to 0.20

Third trade approx 62,000 shares @0.205 to 0.195

This does not seem to be done by people with the least bit of interest in maximizing their $ gains. It appears to be done for the sole purpose of driving the price down.

This action often continues throughout the noon hour when the seller knows trade volume will be low. This is another key indicator the seller is not trying to maximize profit but rather maximize damage.

The manipulators are not yet gone IMO.

P.

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