RE:A former basher finally buying shares at 3.5 centsRE38 wrote: If you remember me from months ago I terrorized this board with my ultimately correct estimate that this stock will go under 5 cents. Now is the time to buy. The EPO news is huge that shows there is big money willing to get into these potash plays.
The amateur who is talking about heavy volume and implying that MBC has bad news out is just guessing. He could be right. He could be wrong. Anyone who looks on SEDAR can clearly see Invesco is dropping this stock for months. Most likely they are doing it again today and are doing it in time for month end (window dressing as someone else referred to this impact already) and that they aren't privy to any news.
We most likely know who the sellers are, but not the buyers of those 6 million shares today. Some of them are in my pockets and a few other retailers, but I would venture to guess that someone wants in big time here. A lot of dumping by Invesco and its only down half a penny. That isn't retailers holding it up.
For showing your big knowledge in laughing at others as you describe yourself a basher, hope you got burn