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Bullboard - Stock Discussion Forum Mart Resources Inc MAUXF

OTCPK:MAUXF - Post Discussion

Mart Resources Inc > his irks me
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Post by wallywill on Jun 17, 2014 4:01pm

his irks me

We run all the way up to 1.80 today. Why??? Because those houses in the "know" knew that this news release was coming. It was them who ran up the price and selling in the process. Then bam! the news comes out and the same houses rebuys them while a huge profit. The divvy suspension for the acquisition of a new asset I can handle because there are many good things coming for Mart in the very near term. Retail is last to know. GLTA Wallywill
Comment by farco on Jun 17, 2014 4:06pm
I'm at 100% agree with you, it's again and again a game of greater fools. It's not like fundamentals and business in the company have changed, excepted for the upcoming pipeline and the new acquisitions, which isn't something negative. We can see it in the stock price now, back in the $1.4x... if it was a falling knive we should be < 1$ with no support in the sells. "Retail ...more  
Comment by gibbonsj on Jun 17, 2014 4:19pm
There are so many major type business questions that remain unanswered that you had to know the pop would not hold without a strong NR to support it. That's not to say sp won't recover so if you didn't sell there's little sense in selling now.
Comment by wallywill on Jun 17, 2014 4:26pm
it is not the business aspect that is the issue. I trust Wade and mgmt. to do the right thing for the company and as the companies bottom line improves the SP improves. This whole POP was an orchestrated move because those houses knew what was coming. notice how the fall from the highs was just before the news came out, and not after the market got the news.