Discovery Minerals LTD (DSCR)

[todd-m]

I both agree and disagree with chuck4345 statements that they are “lying” and “Don’t trust anyone on these boards. Most just want to sell you their shares”

I don’t think anyone really knows because people fall into a variety of categories and financial situations. When people say they are picking up "several mil" in the dips, it could mean anything including:
• They spread their buying out over multiple days or over multiple weeks

• They bought a big portion at an earlier point in time and added more recently

• The stock was still below $0.0009 up until the end of January 2021, and they could have added recently

• They bought at a higher price (the stock hit a high of $0.01 last week), the stock dropped, and now they are adding to “average down” (In my opinion, this is probably the number #1 reason when people make such comments about buying the dips)

• They have a margin account and they are intentionally or are accidently borrowing to buy the several million shares