Great Bear Resources Ltd. GTBDF

RE:RE:Yesterday

[touareg]

You asked what seems like a perfectly reasonable question and I expect you are thinking that no one gave you a reasonable answer? You may have concluded then that no one here knows what is really going on and maybe even that we are a bunch of idiots because we are invested in something that we dont really understand? lol.

Well first of all I did explain when i said it is 'the nature of the beast' and really anyone who does not understand that really should not be investing in these kind of stocks imo.
Second the explanation is not reasonable, the stock market as a whole is not reasonable and even more so in the world of junior explorers where reason and logic often take second place to emotion and manipulation that is made easy by lack of liquidity.
An illiquid penny stock such as this is a piece of cake to manupulate because generally retail investors and traders are easy prey as it doesn't take much to spook them (as seen here on this board).

Don't get me wrong I often find the fickle and unreasonable action of stocks quite ridiculous and frustrating, especially in these days of casino style markets but in my book anyone trading or investing, especially in penny stocks needs to understand these things. 

Maybe you feel that this is not an answer because you wanted company specific facts but you stated them already below and I stated them in earlier posts along with other posters and also Chris Taylor states these facts over and over in the regular videos that are available for anyone to view.

I could write lots on this subject but most of it is, as I said before, stuff that anyone investing here should be well aware of before they start to put their hard earned money into a stock like GBR.

Good luck.
 

Barebear wrote: I appreciate the background information; BUT, this simply makes no sense;

• fundamentals good
• great NR
• technicals good too

Then the bottom falls out.  It's a lot easier to deal with a 20% loss when you have some idea WHY it happened, instead of "that's just the way it is." 

Does anyone have a reasonable explanation for the SP action?

Thanks