Post by
jethro549 on Sep 11, 2013 11:15am
it's called resistance
the resistance level is at 1.5 cents which means the market makers are refusing to ask more than 1.5 cents and the refusing to bid more than 1 cent. it's really that basic. these guys make money when the news releases come out and the price goes up. if they sellnow they make nothing. so they are waiting for news. they bought at 1 cent or lower so they want to sell at 2 cents or higher but without news the market will not value Solimar at more than 7 M market cap. they need to show reserves, proven. give it time. be patient