It's just that I think ccrider might have been spot on. It's no master plan, the mm make lots of extra cash by their actions, as an investor we all should be aware. Always a buyer for any stock, one man's rubbish and all that. Atb
An OTC bull for last 4+ year, this would definetly boom in next 12-24 months. I want it to be a bit lower so that I can accumulate it in my isa dyring next placement....its only a loss when u sell....I have seen so many bust and boom cycle in last five years in multiple markets to know that the current difficulties facing OTC is temporary....the question is how long you are willing to wait...I m till 2018-20.
I'm already invested here a little but have factored it in to potential loses already. So just I am holding now to see what happens. My main point is that we don't need MM games as an explanation for the performance of this one. I just find it annoying when I see it used as an explanation for poor performance when other more obvious and simpler explanations exist. Its a basic application of Occam's Razor. Good luck with the 0.05p, I'm holding out for something similar myself!
That is fine to say that your unhappy with the company although I suggest if that you feel cheesed off, don't invest in this one and move on, it is better for everyone including yourself. I'm not personally letting the illuminati have my shares for less than 0.05p. ;)
Have to say that you seem to know nothing about supply and demand and market makers have a huge influence, anybody that has traded any market will know this, do you realise that stops are hunted on even a minute basis on forex? There is no point in questioning why the markets work as they do just know that they do. If you think that mm have no input you are very wrong!! Atb
Yes ccrider, that is what I am saying. Supply and demand causes it to go up and down, both actual buys/sells and indicators of interest such as advance orders and quotes for specific volumes. With 8 billion shares in issue and nothing but a track records of failure across S.Amercia, Asia, Europe and Africa there is clearly over supply. The average trading volume is 1% of that available. That is the issue. Waiting for the company to do something.Until they indicate they can get some metal out of the ground or actually get some out, nothing will change.
These accusations have been made here for years - MM games holding down the price for the mystery big player who never appears or in anticipation of the great news that never comes. Years, multiple times, always wrong. Always.
Your logic is this "the price is lower than I want. I thought this was a good share, I can not be wrong therefore something else is afoot. I know the MM are out to get me with their shenanigans! They are lowering the sale price and reducing the profit margin available to them"
So the choice is this a) I (and you) made terrible investment choice here and the BOD had overseen a 97% crash in the stock price with no indications they can turn it round.
"There are likely no games being played by the MM."
What colour is the sun on your planet, Pavs? You say my questioning of a large chunk taken off the share price for seemingly unjustifiable reasons suggests a retreat to paranoid conspiracy etc. ... I would have thought that most of us were familiar with the shenanigans of MM' - or are you just deluding yourself.....?
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