TSXV:SLX.P - Post by User
Comment by
MudCreekeron Jul 26, 2011 10:14pm
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Post# 18876477
RE: RE: RE: Silverstocks3..help!
RE: RE: RE: Silverstocks3..help!"The most common post at SH or anywhere else is. What's wrong? Price ofSilver/Gold is up and we're not moving...what? How can that be? What'sup? Who is manipulating our stock. Thieves!!! etc..etc...etc...etc..."
LOL. You are dead right on that one.
I was just saying that comments on the price of silver are as relevant here as comments on insider trades, news from neighbouring properties, rumours from the markets, etc. etc. etc. None of those things necessarily explain the moves in the share price, but all of them could be factors and therefore we should be watching them.
"Why the spike? Annual news? Newsletter guru pump?
If it was at the Annual ...anything " material " would have to be released in a PR. ASAP!"
Anything material (and any news that can move the share price 15% is by definition material) should have been released to everyone simultaneously in a news release (with a halt if necessary). OTOH, it is conceivable that the attitude and demeanor of the executives at the annual meeting might have been enough to impress a large investor into increasing their position significantly. Of course, that would show up as buying from a single source, not a variety of sources, so one must wonder. We may never find out, but the timing would be a huge co-incidence if it was not caused by something at the annual meeting.
That is the nature of juniors - capable of 10% moves in a day for no reason at all.