Marimaca Copper Corp T.MARI

This stock is very highly manipulated, and easily so.

[hankman]

This stock is very highly manipulated, and easily so. Only about 10% is available to trade on the market and the daily volume is miniscule. if you want to sell a larger volume, you need to do so at 50 or more cents below market!  Good news dows not matter or generate a gain for the stock. Price of copper goes up (up 23 cents today) but the stock trades down!  The only way to make some money here is if you wait for a buyout!! It is wierd when a few hundred shares traded on a given day for a total of $800 or even $8,000 can decrease the overall market cap of the company by MILLIONS of dollars.

Can it be the majority owners? But they would have to PR any market participation. Is it the MMs? Are there shorts representing some interest to keep the price low for a steal on a buyout?

Any thoughts?

[Woodman601]

Guess the rules of supply and demand don't apply here. 

[grossmrkup]

The problem is there is a healthy demand but no supply. If say someone wanted to pick up 100,000 shares they would move the stock price 30%. So they don't do it.

[hankman]

But then why does it take those 16 - 20 cent drops if its a supply issue?

[grossmrkup]

Because once a high net worth investor realizes it's not really possible to take a substantial position they move their attention elsewhere. They don't just sit on the bid. Me, I keep buying a few hundred shares up to $4.00 and then back off. And I just keep doing this and adding to my position. This is at least a 100% gain come buyout this fall and is very low risk. So I'll just