Replies to post #11305 on EXLA Resources Inc. (EXLA)

[rob12n3]

Are you on L2? Is it dumping or are people taking these chunks on the bid.
Management is taking to long to release news. That much is obvious. People are bailing based on that IF ANYTHING. The idea this is insider dumping has absolutely ZERO substance behind it. Its the usual go to for investors that are seeing their share price go down. Have you done any DD? These guys dont have to dump $2k worth of shares LOL

[3CTraderIsBack]

Sadly, until we see buyers, this is very easy to walk down. Person A sells to Person B at Bid. Then tomorrow, Person B sells them back to person A.

Volume will go up a tad as the price goes down. Very easy game until buyers step in and start hitting the ask.

I suspect many waiting for the right moment. I know I am.

But very frustrating seeing it...day after day.

[rob12n3]

Remember that most investors buying big chunks are patient, put their bids in ON THE BID NOT THE ASK, and wait for it to fill.

[rob12n3]

Plus i can almost guarantee you that the 1k slaps are individual investors, probably smaller investors, looking to keep the PPS up after seeing it fall so much.