Thursday, March 01, 2012 9:37:31 PM
I too, tried to add in more under .14 but to no avail. If my experience is correct, for exploratory companies like LTUM whose trading volume isn't significant, the MM (market maker) runs the show.
Unless it's pump and dump (which LTUM isn't), the MM can artificially pushed down prices (selling those shares they already hold to each others or themselves) if they are anticipating some good news ahead, in attempt to trigger panic selling where they can then buy in more at favorable prices.
If you look at LTUM chart, the last time it went down to .12-.13, there was then this sudden spike to .25, that was... wow, a 100% profit for the MM.
Recent LTUM News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/15/2024 07:51:47 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/17/2024 07:56:11 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/14/2023 04:18:16 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/18/2023 09:29:24 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/14/2023 02:16:13 PM
FEATURED North Bay Resources Announces Mt. Vernon Gold Mine Startup, Sierra County, California • Aug 5, 2024 9:00 AM
Fifty 1 Labs, Inc. and All-In-Extracts Announce Joint Venture to Develop and Release New Testosterone Boosting Supplement • BLEG • Aug 5, 2024 8:30 AM
Kona Gold Beverages, Inc. Announces Strategic Initiatives and Corporate Direction Changes • KGKG • Aug 2, 2024 2:00 PM
POET and Luxshare Tech Expand Product Offerings for Artificial Intelligence Networks • POET • Aug 1, 2024 9:28 AM
Management Discusses Financial Filings of Global Arena Holding Inc., for 10-K 2023 and 10-Q, 1st Quarter 2024 • GAHC • Aug 1, 2024 9:14 AM
VAYK Announces LOI to Acquire $1 Million Home Service Company to Support Airbnb Business • VAYK • Aug 1, 2024 9:00 AM