Replies to post #24723 on Mirage Energy Corp (MRGE)

[Macod]

I understand what your saying but EVERY stock has sellers as the price moves up, especially on big moves. There are many reasons why someone sells, everyone's situation is different.

And NOTHING is a sure thing, there is always risk. Take COVID for example, that threw a HUGE curveball into the whole situation here. I believe without COVID, Mirage's projects would been announced last year and this would be in the dollars already.

I've been here almost 3 years and I am very pleased with the increase in share price over that time.

[norweger1979]

Correct, there has been more offers of 20k or 50k!
But it takes 2 to play and there have been MORE buyers BUYING 20k or 50k blocks as well!
First of, you don’t know if it is the same buyer unless it’s yourself or private knowledge and second there is a much more plausible possibility!
Shareholders of MRGE sit on huge gains and these swings/volatility make for rollercoaster emotions. On the dips they buy additional shares to support their position because they believed in their DD and when the share price recovers they simply take some small trading gains!

Instead of negative news you imply, I would imply “more of the same patience game & neutral news”

Higher overall volume is good! Sellers have plenty of reasons (profit taking, tax planning, portfolio mix/adjustment, another momentum trade etc)
Buyers only have ONE reason for buying (profit expectation!)
Higher volume = more sellers/buyers