RE: RE: What does SMF need $178 mil forThe guy who put the 50,000 shares at $7.55 was just playing with the pre-opening bid. Of course he pulled that back before the market opened this morning. He's not that stupid to give away something worth over $8 (at least for now) and lose over
.50 per share. This kind of manipulation happens all the time, someone just wants to drive down the share price and tries to create a panic. I'm used to this kind of morning nonsense now.
SMF opened nicely but felt back afterwards. Even thought it's still up but is lagging behind other gold miners. The volumes are small (about 1/2 million shares so far). I guess we need some of the institutional investors to jump in to boost up the SP.