GREY:RIOAF - Post by User
Comment by
raisethebarron Mar 31, 2010 10:35am
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Post# 16943795
RE: Whats really going on here
RE: Whats really going on hereJake,
It is really simple, this management team are way behind schedule, they are deperately in need of cash to get things going but they also cannot afford too much dilution. This is the balance between how much people are prepared to pay for the stock versus whats being offered. At the same time the pump machine needs to give the impression that there is a frenzy of buying. This is common in junior stocks but the strength of the pump here implies a concerted desperation from all concerned. Of the trades yesterday I suggest that a lot of recycling went on which could be revealed in a forensic analysis if required.
Raise