It is suspected that Canaccord is looking at some factors that could influence the whole junior sector to be possibly pressured in the weeks ahead:
Gold is expected by Armstrong to finish its short term run next week.
The DOW is breaking below its 50 day average currently at 15,280.98 with a last of 15,121.25, off 216.41. (If the decline picks up steam, all equities could be effected)
Probe's $2.00 round number could present problems in some people's minds.
Selling right after good drill core results is some people's idea on how to trade the shares.
To us the long term investors, it's just about the games that traders play seeking perfection in their buying and selling for profits which, I guarantee you, doesn't always work out for them.