Post by
rockport1 on Jun 13, 2024 3:09pm
Why the Panic Posting?
My original thought was that the panic poster was short Tudor based on the pre-Cunningham buyout offer behaviour, where most of the posts seemed targetted at undermining Tudor. However, since the Cunningham offer, it has truly become incessant panic posting. Why?
If the poster was short Tudor, they could simply cover the short, and probably still make money based on Tudor's current low share price. There would be no need to go crazy posting, since they could walk away with a profit and have no risk going forward.
So if they are not short Tudor, then what's going on? Perhaps, the poster got caught short AMK. If that is the case, then they are probably already in the red. Any further rise in the AMK share price could possibly force them to cover and turn paper losses into real cash losses.
I have not used a margin account in decades, but if I remember correctly, if AMK was shorted at 12 cents, then at the current share price, the margin call would be double the initial investment. If AMK were to extend the rise up to 43 cents (or beyond with a competing offer), the short would truly be in a world of hurt.
This scenario would certainly explain why all the panic posting, clearly targetting the credibility of any offer. This is what I think is the most likely scenario, given all the energy being put into denigrating the project, despite claims of no AMK ownership.
Another possibility is also a "long con" where the poster is short Teuton. They could pretend to support TUO, but at some later date claim that the they changed their mind and the project is no good. Similar to the AMK case, they could be in the red on a Teuton short given its share price. It could also explain why the panic posting and fear that Teuton will rise further. It feels like someone can't sleep at night.
Anyway, food for thought folks. Just throwing out some speculative musings...
Comment by
NineLives on Jun 13, 2024 5:19pm
Exactly Jetstream, thumbs up :)
Comment by
Jetstream1281 on Jun 13, 2024 6:04pm
Best case scenario is no deal until after that 9 months is up....we have a bunch of high grade, a PEA and $3000 POG.....THEN we want takeover bids coming in....
Comment by
Whatamidoing1 on Jun 13, 2024 6:28pm
First good drill results and if there are actually shorts trying to hold the price down with a .43 offer out there. This could get fun. I wonder what the guys on the ground at Treaty creek have any opinion on the core ther seeing come out.
Comment by
Jetstream1281 on Jun 13, 2024 6:33pm
Sounds good if you watch that latest interview with KK!!
Comment by
Larry60 on Jun 13, 2024 7:28pm
NO ONE has made a bid for AMK Jestream That is a fact. an entity in the Cunninghammy group of companies made a non-binding non-bid! Cunningham Group is led by HNRC which is listed on the OTC Pink Sheets with a market cap of $2.5M and a trail of broken dreams from what I have seen!!!!!!!!!!!!!! BUt they always have a new shell poppin up. Like whack a mole!!!!