Welcome to the Silver Falcon Mining HUB on AGORACOM

(Edit this Message from the "Fast Facts" Section)

Free
Message: Price action

There's really no use in complaining about or trying to figure out the recent price action. Frankly, I've seen about as many small trades painting the price up as down. The problem is not the MMs, or one particular seller, or not hitting the ask when you buy, etc. The problem is that there is no substantive news to support anything other than the price drifting downward over time. And when there is nothing to support a strong directional move, the MMs, daytraders, and flippers will use this as a personal sandbox to play around in. Once we get substantive news- Real revenue, regular shipments, drilling/assay results, Sinker ore processing and grades, etc., the price will be determined by the news, and won't be as vulnerable to being toyed with.

Share
New Message
Please login to post a reply