GREY:BHNGF - Post by User
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Tradertimestwoon Dec 27, 2020 11:31pm
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Post# 32186371
RE:RE:RE:RE:Ummm $6 million marketcap whaaat?
RE:RE:RE:RE:Ummm $6 million marketcap whaaat?Agree completely. Sad state for many companies with perfectly fine business models and revenue that trade with low volume. When the last trickle of shares get squeezed out of retail then the MMs can beat it and let the SP recover. Or stellar earnings quarter over quarter could bring enough volume to bump it up...
geodcan wrote: Not so unusual imho. I have watched this happen with many stocks where the market makers kill them before they even have a chance. There ought to be a law such as a non-confidence vote or some such to enable replacement of management and manipulators that are doing this. Big money ganging up on junior hopefuls to steal their hopes and assets from investors defies the whole reason for being. Public markets are meant to be capital pools for juniors to launch new business plans into companies, not just a slush account for marketmakers to punch up their revenue. It is becoming a hell of a deterrent and is increasing to the detriment of new entrepreneurs and it is wrong imo. Once upon a time commissions and finders fees were enough but Big Money figured out another way that takes the forward potential right out of the hands of new management. glta and dyodd