InvestorsHub Logo
Followers 22
Posts 1317
Boards Moderated 0
Alias Born 06/01/2013

Re: echi8 post# 45354

Tuesday, 01/23/2018 10:01:46 PM

Tuesday, January 23, 2018 10:01:46 PM

Post# of 52845
I don't really worry about such activity as occurred today. On such a thin traded stock there is not the volume needed to carry the price at a constant level.

I feel today was because someone needed money to pay for... whatever. Maybe a bill for medical reasons, or business, or just to take some profit. Remember, there are some investors who purchased GERS stock at .01 or less so .07 is not a bad return.

As for who knows what, nope, though of course greed does surface, which leads to the last part of your post.

I used to own a business where our clients came from all over the world and from all walks of life. One client I had was a man who worked for the SEC and I asked him many, many questions. In particular, insider trading and situations where people with insider information profit on knowledge not known to the general public.

He laughed and said that the biggest crooks are politicians at a high level that deal with deals that make or break a company. But, he said they get caught. As for lawyers, family, infringing members trying to profit for or against GERS, in similar situations he said people do get caught and prosecuted.

Of course, greed is indeed a powerful feeling so it would not be surprising to see some increased activity, which, as an investor, is A okay with me.

Enjoy your investing experiences and maybe reap some profits.