RE:This stockWhy does any stock keep going down ? Because no one wants the stock. The market has no confidence in the management, nor in their ability to make this happen. The rest of the sheep on this board will rain down abuse on me for pointing this out ... but it's absolutely true.
It's called the wisdom of the crowd. If buyers had confidence in this ... it would be sailing along at three or four bucks a share, where it should be. Don't let the goofs around here blame two bit little day traders .. if big money was attracted to this stock, the cross traders would get crushed.
This is a case of institutional buyers (and financers) doing their due diligence .. and realizing that this thing is going nowhere. And that's on the management.
Don't let the hostile fan boys around here tell you otherwise.
It's all about the SP. Why else do you invest ? And don't tell me about "potential" ... I've been reading about this potential with genm for two years ... and the resources are still in the ground, and so is the share price. And that's the bottom line, like it or not.