.06 a share sell off coming again
posted on
Jun 13, 2008 08:01PM
Volumn = # of shares bought AND sold. Someone is trying to run up the price a penny or so to sell off a few million shares for a vacation trip profit. One million pennies equals $10,000 dollars per penny move. Maybe it;s not a great vacation but 10 grand will buy some nice weekend some where.
The Red Hills eco-plex site was a bare site/lot/or what have you. I took pictures of the laughed at site by the local people around it. I talked to an employee of the coal mine across the street and confirmed that it was mostly a hype thing as far as they were concerned, but he did mention they would be supplying the coal if it were ever gotten off the ground.
The so called China connection or interest in Silverado's process doesn't seem to be attracting much asian attention. Remember, the Chinese are starving for cheap fuel and resource processes, this should have been something to jump on if it was a real concern, by the Chinese............. they haven't done it so far.
Even the state of MS. doesn't return information requests on this project. Maybe they feel like they got egg on thier faces from the big show last April with no follow thru.
Penny stocks are interesting to say the least. If you move enough of them, you can make a decent profit in a short amount of time. Buy $400 worth today and sell them at 5.7 cents and make a hundred bucks. Buy $4 thousand and make a thousand.
I haven't heard anything about the stock being traded back on the Vancover exchange or getting it's paperwork in order either since they were taken off of the Vancover exchange. maybe they got relisted and that's what caused the large volumn move, who knows?
If Mr. Anselmo wants to see his dream fulfilled, he may want to start putting this show together in earnest.