Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Minera IRL Limited T.IRL

TSX:IRL - Post Discussion

Minera IRL Limited > somebody please explain the hose job with the stock price?
View:
Post by SinusInfection on Feb 14, 2015 12:33pm

somebody please explain the hose job with the stock price?

it took a month to go from 5 to 10on big volume, and then it took 3 days to lose it all on big volume.  What happened?  Did someone change their mind about something?   I didnt buy in to the rise, because I learned many many many years ago that u never , and I mean NEVER, buy a junior mining stock into strength, you only buy it into absolute puke worthy weakness. Otherwise, you get HOSED, big time, just like what happened here. So if you bought this stock as it was rising recently you are HOSED!  And you will never know what really happened.  its as likely to have a been a big manipulation intended to permit a large holder/accumulator of stock  with a 5 cent average to exit with a profit as it was some type of underlying fundamental reason (relating to a required financing) that collapsed (alog with the price of gold recently). Who knows?  Only a few, and trust me, they aint gonna tell you.  Time is a ticking away for these guys....lets hope the lenders dont get control of the asset.   because if they do, they will make a lot of money and shareholders will get squat!  ZERO.  And lets hope the insiders dont facilitate the highway robbery.
Comment by EdgarL on Feb 16, 2015 2:33pm
Dear SinusInfection, There has been one big seller (selling under #27) for some months now and they are the reason why we're not at 15ish cents.  Lately, there has big one big buyer (selling under #33).  #27 slowed down their selling and price increased over the past few weeks.  Not sure how much #27 has still to sell or what their reasons are.  If you ask Minera IRL, they ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities