RE:RE:share price drop?To take some profits is one thing, to sell close to 3M shares within two hours is another. At best it is dumb, when the stock keeps rising steadily with a volume of close to half a million a day. Why rush to sell at 11 cents when you can at 18 cents over a few days?
At some point we saw Scotia sell a few hundred thousand shares at about 15 cents over a couple of days - to be expected. But this guy is called Anonymous for a reason and his perfect timing with RBC is well documented. That's simply how some cowboys play the market in penny stocks. Cheap thrills. The plan was to pull the trigger on the news, which he simply did. Splash, look at me!
Personally, I am still accumulating and was waiting for a pull-back. Got it today. We all know it might be a bumpy road. To be expected.
Now expect some trolls on this board trying to convince us there is something wrong with the stock. Cowboys now need to gather cheap shares on the way up for their next "profit taking" splash...