Santo Mining Corp (SANP)

[SteveWin]

Not "tax loss selling".. there's been a steady 600 million available to buy (i.e., "sellers") at 0.0001 for about the past two years.. they didn't sell all that time because there was no BUYER of note.

Today, someone has bought 1.3 billion shares, and is bidding 0.0001 each for another 1 billion shares ATM.. which means that some buyer has committed about $250,000 toward buying up shares. There's definitely a reason behind this.

As for "0002's not budging.." - i suppose a lot of folks have put in some long term sell orders and aren't watching this daily, many of the 250 million 0002's available are held by people who don't know they have a chance to dump at 0001 right now.

Me.. I wrote this off in my mind a long time ago. I break even at .00027, so all but 1 million of mine are in a 2 year sell order at .0003, and that last million are listed at .001 - if I get those sells done, I'm out slightly ahead and happy! If I decide to bail today at 0001, it's still no worse than if I had bought a new car and eaten depreciation for three years.. it won't kill me. But, I don't think I'm bailing out today.