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Ann: Successful Investor Site Visit at Bunyu Graphite Project, page-93

  1. 5,776 Posts.
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    Bruce,

    ""But that wall of sellers at 3.9c and 4.0c will be hard to break through!""

    In actual fact there isn't a wall of sellers . There are 2 individuals selling 1 million shares at 3.9c and another one selling
    2 million shares at 4c.
    These guys should go to a trading school for beginners so someone can explain how you actually go about selling your stock.
    They could make life so much easier for themselves if they only used their brains and sold a few hundred thousand at a time.
    VRC has traded less then 2 million in the past 2 days and some nitwit alone puts 2 million to sell at 4c.

    By selling his 2 million at 4c he invites others to sell underneath him at 3.9c. Words fail me.

    The word peanut automatically springs to mind.

    Aside from that, VRC has suddenly found some much needed support that has been sadly lacking . 11 million traded in one day suggests someone might be taking a position, hopefully for the longer term and not just for one day which has often been the case with VRC players.
    It certainly has a look about it that we have not seen for quite time.
 
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