First Nickel Inc. FNKLF

RE: FNI - "financially robust" !!

[marketminer]

Since May 1st there has been 144 million shares traded in FNI.... the equivilant of the whole float has traded over in 2 months.... Who has traded FNI.... almost every house has flipped the stock in out in out multiples of times.... finger traders.. There is one exception, and only one... Annon has a net 16.5 million share reduction.. that is likely many houses but there in lies the net desimination of shares into new hands. Many of those shares have been sold via the automated trading, hitting the bid a short time intervals... this has the effect of moving the stock price down... To me this looks like manipulation,,, when there is ample volume why doesn't this holder simply sell his shares into strength, or arrange a cross. There is also no holder that owns more than 5million shares of FNI... so where is the stock coming from? When the activity slows why do they come in with their automated selling.... because the objective it to move the price down... Why..??? who knows, but there is a focus here to keep FNI share price down...... If that is the case, what is the motive and who is behind it?.....JMHO Then again maybe it's just the finger traders sloshing the price back and forth making a few pennies a day on the trades.