Re: Answer me this please...
in response to
by
posted on
Mar 21, 2012 09:31PM
one last thing, you said:
Why do we Trade at $1.25, when all Analysts have Targets at $4 or $5, except BMO ($2.45) Seems to be a Fraud being committed here against this Company’s interest(s). But then prove it. Are all Traders and Market Makers Blind? Do they not understand Facts and Figures?
My answer is why be a salmon and swim upstream? No need to fight the current. Though nobody will ever be able to prove this my two cents is you have a bunch of fund managers (with options or not), that realized 6 million flow through shares were coming available a few weeks prior to the updated 43-101 and saw an opportunity to take them at a cheap price. The blood is in the water and the sharks go swarming. If you were another fund manager watching this would you prop the company up or follow the other fish??? I'm not an expert and have never shorted a stock in my life but this seems pretty obvious after the fact (knowing most have covered), no suprise with 4 million shares traded in 4 days.
Just let the dust settle, unless these results are terrible, which seem unlikely with all the drill results. My guess is we should be seeing new highs shortly (no pun intended).