FEC Resources Inc. (FECOF)

[styl]

that was a fair question...

the facts are :

I've calculated all those sales you have on that link which is an accumulation of a weeks worth of activity.

and we are talking a total of less than 60,000 shares sold and around 55 pence.......pence are like pennies...worth a bit more though.......... so lets say 40,000 dollars U.S....... I cant buy the damn thing thru e-trade, most of us tried..so the market maker and other pros can easily manipulate this lower, especially with its wide spread........50 to 58.....
Ive seen professional traders sell short a stock for a million dollars only to stoke fear and buy 50 million worth of shares back on the long side...
you see it on movies like "wall street".....the "good life"....and the opposite side of it on "boiler room"...those scenes are based on facts and that goes on daily even though it is somewhat illegal ............big brokerages including merril Lynch and goldman sachs pay tens of million of dollars in fines every year for doing just that...scam activities.

Bottom line....if fep is trading at a market cap of 40 mil...then 40 grand worth of sales in a week dont mean a damn thing. Thats why you sometimes have buyouts at a 400% premium....especially on thinly traded shares.