I'm not sure how I feel about todays/lately price action, so I wanted to have a look at the shares traded this month..
Today, looks great with a 6.45% rise, we opened .465 and ended at .495
Around 10% of shares transacted today were above .475 and rest below.
Majority of shares were traded at .46/.465 (602,211) , giving the daily average at .466
For January so far...
5,223,254 shares transacted between range 45 - 49.5
2,535,492 transacted between range 50 - 54
To me, the price action and chart doesn't look too bullish, but with all the supposed games, who knows. I'll get the broker data and report back. Not sure I buy GF scaring retail, there can't be much left I would assume...so hardly worth the effort? More likely a big holder slowly releasing shares to market.
Thinking aloud, I have NFI
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- Beacon Securities (Canada) Coverage
Beacon Securities (Canada) Coverage, page-7
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