Santo Mining Corp (SANP)

[sonarone212]

To say "everyone is selling" is usually an erroneous statement, because in order for transactions to occur there needs to be buyers and sellers transacting to create trades, even though those trades may occur at lower and lower prices. If literally everyone were to sell, there is no market in that stock (or other asset) anymore until sellers and buyers find a price they are willing to transact at....

For every transaction there must be a buyer and a seller. If the last price keeps dropping, transactions are going through which means someone sold and someone else bought at that price. The person buying was not likely the broker, though. It could be anyone, like another trader or investor who thinks the price offers an opportunity to make a profit, whether in the short-term or long-term....