RE:RE:RE:RE:RE:RE:QuietUngawatcher wrote: Kojak, there can't be that many retail investors left holding this stock so I tend to agree to think someone (or people) wants to keep this price down or temporarily see it go lower weeding out retail investors, so they can accumilate more.
Since the price has leveled off and with current prices I believe there is a larger insider and institutional ownership now, compared to when Redstar price was down and managed by Jauques who pretty much was the main share holder, with Sprott owning a little chunk as well.
As I said, I don't think there that many retails left that are willing to sell so if there are shorts trying to make a quick buck shorting the stock. they'll have to do it off the backs of insiders who are holding the stock.
If someone wants to keep this thing down waiting to move in, I'd be surprised (even if significiant drill news does come out in September) that it will be enough to move the stock. The only way I see it moving is if insiders buy more stock in the open market or unless there is a merger or an agreement is made with another mining company.
I think most insiders are tapped out and have accumilated enough shares as it is. But at these prices, who knows they might have to borrow from their grandma to buy more.
NO! It's simply a piece of GARBAGE!