Followers | 216 |
Posts | 14240 |
Boards Moderated | 0 |
Alias Born | 03/25/2006 |
Thursday, December 13, 2007 3:15:01 PM
Some sort of good news could sure help though to keep some momentum coming into the stock.
My observation is that ALL pennystocks are having a very difficult time maintaining any upward momentum for months now, outside of just a very few, so if a penny company is not able to keep releasing periodic news to excite buyers, the stock becomes more and more attractive as a short, and why NOT? Unless a company has funds to keep operating on, dillution has GOT to kick in, usually sooner than later. Why should MM's pay top dollar for dilution shares when they can pay much less for them?
Supply and demand issues.
North Bay Resources Announces Assays up to 5 oz/ton Gold, 1.5 oz/ton Platinum, 0.5 oz/ton Palladium, and 0.5 oz/ton Rhodium at Mt. Vernon Gold Mine, Sierra County, California • NBRI • Oct 4, 2024 9:15 AM
Basanite, Inc. Appoints Ali Manav as Interim Chief Executive Officer • BASA • Oct 3, 2024 9:15 AM
Integrated Ventures Announces Launch of MedWell Facilities, LLC and Lease Agreement with Giant Fitness Clubs • INTV • Oct 3, 2024 8:45 AM
Beyond the Horizon: Innovative Drug Combinations Offer New Hope for Alzheimer's and More • NVS • Oct 3, 2024 8:45 AM
SMX and FinGo Enter Into Collaboration Mandate to Develop a Joint 'Physical to Digital' Platform Service To Enhance Natural Rubber Industry's Ability to Report on Sustainable and Ethical Supply Chains • SMX • Oct 3, 2024 7:00 AM
Transforming Alzheimer's Treatment: Innovative Combinations to Boost Cognition • PFE • Oct 2, 2024 9:00 AM