GREY:MWSWF - Post by User
Comment by
stinkinasonon Jan 12, 2015 8:34pm
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Post# 23311738
RE:WHY
RE:WHYTake a look at PRU. On december 19th there was about 44mil shares traded on the same day and HUGE sell with apparently no good reason. That day PRU closed at 0.19c. One month later it's at 32.5c.
People have their own reason for selling but right now, like PRU, MWE is victim of MM.
Some big guys want in cheap ... IMO 3.5c ... and once they have their share, they will want the price to go up. Those who sell right are gonna knock their head on the wall in the next weeks/months.
People selling at 0.04c because someone put a ask at 0.045c (that same guy probably have a bid in at 0.04c) are giving their share. And like I said in one of my previous post, SOME are following and put more ask, because they are sheep.
I don't have a crystal ball though, it's just my opinion