Club Resources Ltd. (fka CLBO)

[rheddle]

I think we may have witnessed a bit of tactcial bid-whacking here today, with the three trades for under 3,000 shares each that were sold at the bid. I don't understand why this works, but it seems to have encouraged one person to off-load 50,000 shares at .005 and the bid since dropped to .003 before the close. The ask has since moved to .006 from .0075.

Interesting games being played here IMO and all due to the ultra-low float.

I wish people wouldn't even park their cash here unless they intend to hold it firm and help to form a solid base for the next news pop while this develops from almost zero a few weeks back. It is quite apparent that there is plenty coming up here in the form of news over the next few weeks, so why bother to sell on the way down? Bloody stupid IMO.

FWIW - my last buy was at .0007 and I sold half into the last run and hung onto the other half. Only sensible to take some profits along the way, but my point is that I see enough potential in this play to hold half of the shares I bought at .0007, when I was at 7 bagger recenlty.