TSXV:CLAS.H - Post by User
Comment by
anythingon Jan 05, 2011 10:17am
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Post# 17926848
RE: RE: RE: Who is manipulating the stock price
RE: RE: RE: Who is manipulating the stock priceQEI makes it most important positive announcement in 2 years and the stock instead of rising with the good news declines 50% in value while Brownstone (also holding a 25% interest) actually had it stock go up on the good news. As far as I can see, the institutional investors are fronting for certain investors who want to acquire this company on the very cheap before the true value is known to to the smaller common shareholders like us. What happened to the QEI stock price on this good news defies any logic.
sprott owns this, they want it to go up so stop with the conspiracy theorys.
they have lots of warrants to eat through and there is probably an agresive seller keeping the stock down.
yes there is always manipulation but its far from the only reason.