FMJ 0.00% $1.00 fortis mining limited

8.5 billion tonnes of potash, page-48

  1. 28,764 Posts.
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    OK but it is still trading at the upper range of the price it was at only on 01/03, three days ago. Any price which goes up so dramatically, then suffers an enormous dump as it did yesterday ($2million within a few minutes) has got to scare holders, who want to protect profits. The trading pattern today demonstrated the extreme nervousness now as a consequence.

    It has achieved what it seems that dump was designed for, to engender fear and to get holders to cash out.

    If the seller wanted to maximise profits then that dump was certainly not the way to do so - ergo another motive seems highly sus.

    Could it be a director? Possible. But not likely imho.

 
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