OTCPK:MALZF - Post by User
Comment by
Eudaimoniaon Dec 08, 2009 6:14pm
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Post# 16566590
RE: RE: RE: Canaccrap walking the price down
RE: RE: RE: Canaccrap walking the price downIn my opinion, the last rally was someone creating a short position, not covering. Especially for a volume of 1.2 million. You have to buy shares before covering so it seemed to me that they were setting themselves up for a nice cover and profit by selling it all the way down.
Regardless, i'm with stateside and others at how mgt have dropped the ball. but then again, they can't really do much if they don't get quality results back and i'm surprised we stayed up as long as we have. i'll be conidering to add more if it continues to drop as my long term outlook for the co. has not changed. It would be nice to see gold stabalize after 3 sessions of free falling. It's funny how we're impacted by it on the way down, but didn't really benefit from the increase.
Anyways, good luck all. News more than likely coming this week i'm guessing. Hopefully the results they were holding out for might be worth something!
Eudai