Polymet Mining Corp (PLM)

[waterfrozen]

Just some random thoughts and its early so bear with me--

Just a question I have for those who fall into the PLM/Glencore manipulation camp--what would the institutional investors have to say about it? What about the insiders? There are several institutional investors who own almost 5 million shares--I would guess many of those shares are worth more than.75 USD. In the last SEC filing, there were 7 new institutional investors and 18 increased their positions. This is in comparison to 7 decreasing their positions and 2 selling them out.

Does this pattern not look like shorts sellers who continuously profit on a falling stock price? Borrow the stock when it peaks (news) and then sell it down to re-buy and return to the broker in the mid .70's? If I "borrowed" shares at .89 and sold them all the way down to .75 and then bought back in--aren't I making a profit on falling stock prices? The shorts are far more likely to want to keep the price down since a rising PPS would cause them losses. Its easy for them because they know that only positive news coming out of the company causes momentary increases which in turn usher in the next short opportunity.

To me, this is far more reasonable than a collusion between glencore and PLM--especially when the insiders at PLM own a lot of shares that are more than likely worth more than .75 USD.

I know there is clear manipulation but to me its more along the line of shorts than collusion for an eventual take-over. Remember, Glencore may own a large part of this company but they are far from the only fish in the sea.