Labrador Iron Mines Holdings Ltd (LBRMF)

[BP Profits]

I agree with your post. However, I don’t think there will be many shares at lower levels because everyone knows that the stock is already undervalued. There aren’t even many shares at these levels. It’s just a flipper or two filling on the bid, then immediately putting their shares up on the ask. Since there are no buyers, he has to keep lowering his ask to get someone to take them so he can fill again even lower. At some point, the price will get to a point where buyers will clean him out. The low-volume trading down here doesn’t mean much. It will move fast on any update.