OTCPK:CRZNF - Post by User
Post by
cupricityon Feb 28, 2014 11:22am
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Post# 22264198
Walking the price down
Walking the price down2 million shares @ 52 cents is 1.04 million dollars. 1.3 million shares later price is 20% lower for a net loss of 4.5 cents a share or $90,000.00
Value of CZN is reduced 20% or roughly 15 million. Takeover bid- spend 90,000, reduce price by 15 million.
Tell me for one second if that isn't true. Remember, all the weak minded day traders, and leveraged investors who sit chewing their nails on the day to day SP changes will help with the cascade of share price.
Meanwhile the sharks are out. Numbers don't lie, but value on the venture is severely distorted right now and some not very nice investors want to deploy over large sums of money WITHOUT driving up the price. Very difficult challenge, and not one to play nice by.
The best news is that once they are in they no longer manipulate down, the manipulate up.
It's the oldest problem in the book. If I remember the most important thing I got out of "Reminiscences of a Stock Operator" was that he knew when the price was going to change, but he couldn't win because his buying or selling would eliminate his advantage. IE The money that wants to be deployed to this sector is waiting with baited breath as it doesn't want to swell the market, and it knows that there is PPs and money hungry teams that are desperate for cash...
Hold tight. Don't be shaken off the tree.