OTCPK:GCGMF - Post by User
Comment by
maypeterson Aug 17, 2018 9:52am
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Post# 28477021
RE:WTF
RE:WTFThinly traded. The longs do not want to sell. Probably, the shorts are having a feast.
This is is the reason why folks get turned away from the stock market. Complete manipulation and nothing based on fundamentals.
So to answer the Qs - there is no explaination - reasonable or otherwise.
Everyday someone wakes up and says I will sell 100 shares to bring it lower.
Company may choose to keep the cash on the books instead of buying back shares due to all the work on the acquisitions. Maybe some big player from US or international looks at it and thinks it is an attractive purchase. wallywill wrote: Anyone with a reasonable explanation on why the stock has dropped?? One would think the company lost money. Go figure. Are they working it down so the company is buying back stock?