Laurion Mineral Exploration Inc. V.LME

Price Drop???

[CharlieBaba13]

Can anyone explain why the price continues to drop? 

have insiders been selling? 

Or is it still adjusting due to Reddit selloffs/exits? 

has there been any actual news that's causing the drop?

[Timeandmoney]

Team LME As per recent stock price drops, it would be wildly speculative to put forward "a reason" for the recent change in some investors sentiment that has driven some shareholders to sell off some or all of thier positions.   Rather than specualte on the motives of a few investors, one should keep in mind that each investor selling shares recently has been met by someone

[matlas]

Kudos to you Timeandmoney for taking the time and and going to the trouble to post this as well as the original post that you quoted. I agree with it all 100% DAM$ and I may disagree regarding the TIMING-I think it will be soon, and without the need for LME to do anything else, whereas he thinks it will be later after LME does additional work. However, I think that we both agree that there will

[goldenI]

I think it is possible that some people bought in in the 60's last week and stop losses got triggered. Hard to stop the downward pressure after a sudden drop like today.

[DAM$]

Stoploss is a possibility as it was really in the last hour that the volume hit with 100 of the days 186 trades and almost 75% of the days volume in the last hour. The last hour also had 5 significant dumps of 14, 20, 26, 38 & 52000 shares. Interestingly Anonymous was the big buyer today but in a 'sneaky' way as they seemed to help trigger the dumps. Anonymous trades today Last hour

[CharlieBaba13]

Thank you for the detailed post/stats!!!  

[DAM$]

I wrote this as if Anonymous was one person but it could likely be more than one entity operating anonymously. It just drives me Crazy that they are allowed to do it  And you're welcome