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Message: Hold on tight!

Trust the Europeans to bring some common sense to the forum.

I'm also sick and tired of hearing conspiracy theories whenever a company's stock goes up or down. On forums like those at SH.com, that often suggests to me that pumpers are trying to manipulate investor opinion.

In fact, I'll go one farther, and suggest the reason that the recent strong selling dropped this stock from 85 down to the mid 60's is because the sellers (Canaccord, Jitney, Anonymous, whoever) were smarter than us, and realized the warning signs that all was not well long before we did.

Maybe the rescheduling of an AGM is a warning sign, and we didn't pay attention. Maybe they too phoned Peter Ball, but were wise enough to interpret his cagey responses as a suggestion that they were having a problem getting their financials done. Maybe they were reacting to PK's share selling. (Insiders are often wrong when they sell, and if I were Peggy with her million shares at 1.5 cents I wouldn't bother keeping those other shares she sold either - but, as it turns out, if you'd sold on the news of insider selling, you'd have been right this time.)

Maybe they even had an insider at the independent auditor, and so knew that the financials would be late.

There's no need to blame anything on a grand conspiracy. Fact is, us retail pilgrims almost never have access to the knowledge or the experience necessary to compete with the big boys. But maybe some of them are trying to drive down the price? Feh. Either koetje's explanation holds and CMM simply needed to cool down, or the price was driven down simply as a result of market reaction to Century's management.

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