Argentum 47 Inc (ARGQ)

[OleOivind]

You could easily have bought 10m shares between .005 and .0070 if you were bidding smart, the past couple of weeks. There has been a lot more than 10m in volume the past month, all under .01. So saying that you would drive the price to between 1 and 2 cents are wrong.

Its another story if you were slapping the ask for 10m with a market order, but no trader with a little intelligens would do that.

There has been heavy accumulation under .006 for weeks now, so if someone would pick up 10m shares, they could easily do it by bidsitting, without running the share price up. First from notes converting, but also from a lot of retails selling lately. Could easily pick up 3-400k each day.

That beeing said, by calculating the market cap and looking at the shares owned in DUUO, the shareprice should be higher in principle. But that's not the markets opinion at the moment.

In my opinion, the late deals and notes beeing converted lately, have made some people tired of the stock, along with all the promises the management have made the past year. I still think GEQU got potential and that this will turn around at some point, but if/when it breaks .005, I can see it go to .003-.0035 area with ease.

This is just my opinion.

Ole

Ole