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Re: phrocks post# 872

Thursday, 08/10/2017 2:50:59 PM

Thursday, August 10, 2017 2:50:59 PM

Post# of 2645
Seriously? As should be clear this stock trades pretty thinly. Our average volume is just a few thousand shares per day... 3580 shares to be exact.

Most of the guys who've taken positions in this stock (let alone even heard about it from someone in the know), are looking forward to what Fortem Resources will become. There is be some money to be made as it moves up and down and plateaus, but it will be the longer-term investors who will be the big winners here.

The stock price is broadly the equilibrium of the number of buyers vs. the number of sellers. I think the gentleman's agreement-- at least the one I operate with is never weaken the stock-- as in don't hit the bid.

If one wants or needs to sell some shares, put them out there at the ask or above and in time they will be scooped up. Otherwise we're basically feeding the market makers and traders who will be sure to try take advantage of swings and manipulate the share price.

Just my thoughts.


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