RE:RE:RE:No sense at all...It used to be that when it was around that level months ago, but driving it down for 0.13$ back here is something else. Shares pop up on the ASK all the time magically. Either the stock is shorted or someone with a huge amount of shares have been selling to bring it back down. We'll never know the real reason, but again, I've never seen a stock with that many shares for sale. It just blows me away to see that kind of selling, especially after pretty good drilling results. I think long term we will do fine but still very frustration see that. GLTA
MatrixDweller wrote: InvToRtr You do know that when you buy stock you are trading between other stock holders and not "giving" money to the company. Of course some insiders could be selling their stock, but they have to divulge that and it would be reported to the exchange. The other possibility is an outside investor wants to buy up the company and is driving the price down by selling.
The real reason it's dropping, IMO, is most likely due to day traders buying in volume and selling when it rises a half cent.