RE:RE:RE:Again with the games ! I don’t think there are games being played on the recent nose dive. I do believe that when they did the financing (early xmas present). There were games being played to keep the price down. The reason I say that is that there was 3 major sellers keeping the price down. You can never prove it so it is what it is. I didn’t see any major sellers dumping in the recent drop.
I still believe that the major drop in share price last week is related to the new tax that the government is trying to place on copper producers. Time will tell if I’m right or wrong.
The owners, company insiders and the secret company that received the early Xmas present own the majority of the shares. They don’t trade them. I have no idea but maybe there are 5 million shares that are not held by them. Not that many shares that are actively traded so it does take much to move the price. So if some day trader wants to try and manipulate the stock then he doesn’t require that many shares to do it. I have no idea why a day trader would be interested in this stock since the active shares are so small. The volatility is related to the lack of shares. If you want a fairly stable share price then buy into a large public float company.
I still believe we are not a public company since there aren’t many shares in real public hands.