ECUADOR GOLD AND COPPER CORP V.EGX

People sell because they don't want to own anymore.

[diligencedue]

Stop excusing the falling shreprice with ridiculous manipulation theories. People sell stocks for the simple reason that they do not want to be holding said stock anymore. Anyone believing other conspiracy theories like stock manipulation is being, probably purposefully, misguided.

I've seen a few people claiming that the stock is being held down. Let's examine what this means: That someone has enough shares to be able to put enough low asks and dump into the market to such an extent that the stock can't rise. 

But more importantly, you're saying that these shareholders are selling their shares knowing that they could get more money for them, with the sole purpose of keeping the shareprice down.

It seems a little ridiculous, to me at least, to try to excuse a falling stockprice by saying that someone is willfully selling for less than they believe the could get. What do they stand to 

What's more likely is the actual reason for people ever selling anything: that these shareholders do not want to hold this anymore, and believe that they're selling at a reasonable asking price.

[fleamarket]

Diligence Due more like Ding Dong... DO your research prior the recent spike because your diligence is due! Dude

[runthenpass]

the originator of this thread is right~no one wants this stock and its been that way for the last year.

[yixter]

The originator of this thread wouldn't know an uptrend if it slapped him in the face fact is someone bought around 40 million shares in the last year if the warrants get exercised that someone will own over a hundred million shares all those shares were bought at this price .12 and .20 that someone was able to average down nicely but now they will be interested in getting these warrants

[diligencedue]

Does anybody have any real responses? By response I don't mean an insult, I mean a reason for why someone would sell at a loss when they know they could get more? What are you talking about with regards to the spike? There was a good press release, thus the spike in shareprice, but it couldn't hold for even 24 hours, which is pretty common for an unloved stock! That's not manipulation

[yixter]

Fact is this thing was being traded that's it this pullback was warranted it was overbought around the .09 range .11 was overheated buying so a pullback and some consolidation is warranted however this will need to be redlined to the upside than consolidated sooner or later I don't see a return to .065 and below because the stock was super consolidated in this area already I think we will