Niocorp Developments Ltd (NB): IMO Brokers and some others can see t...

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Re: Trofee post# 25039

Thursday, 06/15/2017 7:23:36 AM

Thursday, June 15, 2017 7:23:36 AM

IMO

Brokers and some others can see the breadth of shares bidding and as the day nears an end people drop their bids to buy @ the ask which paves the way to allow the sellers to push the price lower quickly.

Why this is done is probable to accumulate more at this lower price before more buyers coming on board makes that impossible to control.

I always cringe when a gap occurs and prefer it to close quickly. It is a good thing in my opinion that this gap closes now rather than leave it open.

We are so close now this thing will be breaking out and not looking back for quite some time.

GLTA

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