Aurcana Silver Corp V.AUN.H

Retest

[Banman17]

My take on the whole performance of the sp of AUN is that we're just going back to retest the lows that transpired earlier this year at the start of March. We were in a trading range from Jan to March, had a climactic test of the trading range in March, then we went off to new highs. Now, after the 1.99 high, on a spike up, the market makers wanted to bring the stock back down to shake out any more weak hands knowing there would be some. Hence, the spike up to trap buy orders in to a bad trade before they brought the stock back down. Now as the market makers short the stock to bring it down, they hope to cover the shares they shorted with the weak hands who are selling out, thus the market makers make money on the way down. Now, with the last sell off to 1.14, the market makers hoped to trap more shorts, as the market makers now go long and bring the share price back up. Soon the quarterly report should be out june 30th (I think) so this should be good news, along with the 43-101 report, which should serve as good news to promote the share price up. I'm also assumning that the company is probably tied in with the market maker, letting him know when the news releases will be coming out, so he can time his manipulations to bring the sp down as low as possible to trap as many bad trades as possible before the nr's, to be followed by an increase in sp. This is just my understanding of how manipulation of the markets actually works. Banman17