Liberty Star Uranium and Metals Corp (LBSR)

[StrengthenNumbers]

Devil's Advocate...



Warrant holders may have laundered cheapies, buying shorts all the way, likely driving us to our current PPS from .19. I can't imagine anyone thinking their interests are aligned with retail shareholders at this point if they still have .10's to burn. I know this is a matter of contention, but I haven't seen any definitive info regarding their current holdings, other than it should represent less than 4.99% of the O/S.

Having a big pile of free shares to outnumber the real investors in a low-volume penny stock while buying shorts allows them to "borrow" (pronounced: Lie, Cheat & Steal) from the float and only use enough of their own shares to kill the daily buying volume and meet the price they need to scoop up the cash, so the process can be repeated with minimal risk. Remember their shares are basically free to them regardless of their warranted price.

I personally am invested based on fundamentals, and believe in the ability of the market to find a lot more than the tiny market cap assigned to our claims and enterprise value. That being said, the warrant holders have shown they are predatory bottom-feeders, operating from Lichtenstein, and basically untouchable to the SEC. I can't imagine they wouldn't exploit every opportunity to manipulate the PPS in their favor.

I'm thinking they won't have the same goals as the retail shareholders until unmistakable news forces the issue. Meanwhile, I'll be watching for those finance skanks to shake the tree the next time we get over a dime.