The kind of activity witnessed today in Seafield Resources (SFF, TSX-V) is extremely bullish and suggests something big – perhaps very big – is in the works. The stock traded 10 million shares today – smashing its previous all-time record of just over 3 million – and closed at its high of the day, 22 cents. We are making some inquiries to try and determine exactly what caused this incredible volume surge. It appears there was some major “positioning” in this play today which certainly has very bullish consequences.
May 13, 2010
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