Why EXN fell today ... my opinion
I have stated this before and I will say it again ... These tactics are for the purpose of share accumulation by those with deep pockets and an appetite for cheap shares ... shaking the tree, if you will.
What better way to set negative sentiment than to push the stock to a ridiculous low just before the close on Friday the 13th ... a day when silver had a decent day and EXN's peers were green.
Yes, these pathetic tactics may spoil your weekend however taken within this context, EXN shareholders are simply being punished for holding assets of value ... Assets that market manipulators want to steal from you at a discount.
Have you all forgotten the true reason why the silver space is the most manipulated market and why we continue to invest in it anyway?
If anything, take this as confirmation that our beloved EXN shares are actually worth something, otherwise they would have been pumped and eventually dumped on large volume as will happen with the rest of the toxic junk currently enjoying obscenely high valuations for absolutely no reason.