Etruscus Resources Corp C.ETR

Why the drop?

[GregL80]

Anyone know why is selling off?

[Rainyday]

One of the things holding this company back is that it doesn't trade on the Toronto or Venture stock exchange. 

[GregL80]

That does preclude some foreign investors from the company, however still no reason for the stock to be so cheap. I think it's found some support at this level. Let's hope some good news will help boost the stock!

[Rainyday]

It also contributes to low liquidity in this stock. Over the last 3 months I only counted 6 days where there was more than 100,000 shares traded. As well, there were many days when the average trade size was less than 10,000 shares (less than $2K). It's hard for a stock to go up when serious investors can't easily buy enough shares to make it worth their while to take a position. I don'

[geolith]

so, the coach is replaced. Jason came in to change things up, and he did, but six months to find a newer project and get market-moving results would be a challenge with impossible odds. . We appreciate the effort.

[GregL80]

Completely agree! I know for a fact that brokers like interactive brokers (large client base) will not let you touch CSE stocks unless it's got a marker cap of $400M. How many CSE stocks have a market cap of $400M? Answer: not many.