Why are we in the 4’s? This is what I think.
2Ctreate posts a video that states the company is being audited, shows the processing plant, shows the gold, and interviews management and a RSM Top Audit big wig.
The next day there is tremendous demand for shares, so 10 million shares are shorted with no loans to back them up. The people shorting the stock know that after such a well made video, dozens will be willing to by millions of shares on margin.
Then they wait about two weeks and then send the price down low enough to cause calls on the margin buys. Those who bought on margin have two choices,
1) cover their margin call on a stock that has dropped 50% or
2) sell at a loss.
What a well played out plan. I have only been in pennies for two years, one of them in AURC, and I have seen this same thing happen at least a dozen times. Those who perpetrate this know the only thing that will make them lose is if the audited financials come out before their done. They have done this more times than they can remember and know how long it takes for some one like RSM Top Audit to audit a company like AURC, to them this was money in the bank the second 2Creates video hit the web.
Go back and look at how bad the bashers taunted 2Create to produce his video, there bosses were chomping at the bit and demanded results. And they got them.
I will hold my shares. I can wait, time is on my side. If I lose, I lose small, but if I win, I win BIG, REAL BIG.
JMHO
DOS
Just a guy with a trinket shop who laughs all the way to the bank every day.
A boy and his toy