RE:RE:VolumeIn response to your post ilovexau. Something you said isnt quite making sense to me...
"The MM is not what you all think. He is there to help smooth out the fluctuations of buyers and sellers. If there are a larger number of sellers than buyers on a given day he is there to ensure those sellers can sell without crushing the stock and vice versa"
Is this not manipulation of the stock price in and of itself? Not looking to argue, just trying to understand.
Also, I was underthe impression that insitutions also hold 11% of the shares? (As per the corporate presentation). That still leaves around to 23,000,000 shares but myself and a few people i know personally can account for close to 900,000 (none of which are being sold) of those shares... I am not asking anyone to disclose their number of shares but i feel if everyone on here did who is a retail investor that 23,000,000 may shrink substantially. I would assume stockhouse seems to be the main discussion area for LME. Id be curious as to who on here falls into the retail category and who falls into the F&F category.