Empire Energy Corporation Intl. (fka EEGC)

[Howardhaftel]

Whats the reason for the drop in EEGC stock.
There are two different objectives going on at the stock market. There are investors/traders that want to see the price appreciate and give a fair return on their investment and then there are the Market Makers that make their money by trading the stock. If the stock doesn't move they don't make money and there are ways to generate interest to get the investor to buy or sell. If you keep yor eye on the volume you will se the stock was just lingering doing nothing. So the Market Maker (MM), will drop the price to panic the investor into selling. If he gets a sucker he can lower the asked price and make a sale on someone that thinks the price is attractive. There has been no news prior to the drop so that leads me to believe we are being had by the MMs. It doesn't matter where the price goes with out news. If the news is really good the demand will increase and the stock will rise. It can also fall on bad news but with no news it means nothing. If you are already invested then stay calm or you might consider averaging down. If you are not an investor consider buying at the low price. What ever you decide good luck.