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Re: KingMidasAu post# 32112

Wednesday, 06/20/2018 12:27:26 PM

Wednesday, June 20, 2018 12:27:26 PM

Post# of 44288
Yes, someone (either a large shareholder or insider) has most likely and is still unwinding a large position. Looks like its going lower again today. What baffles me is the timing if this is the case, why would they be selling when supposedly huge developments are in the works to be announced soon? Thus why I mention possible dilution, this daily bleed off is behaving more like dilution. Mo hasn't diluted in years to the best of my knowledge, but the price action is behaving like it. Time will tell, a solid update is the only thing that will reverse this trend in the near term.