InvestorsHub Logo
Followers 0
Posts 74079
Boards Moderated 1
Alias Born 01/22/2006

Re: None

Wednesday, 11/21/2012 10:17:09 AM

Wednesday, November 21, 2012 10:17:09 AM

Post# of 757
IMO the increased selling we have been seeing is from long term BULM holders that have been sitting on major profits post merger... With cap gains likely to increase in 2013, this might be the last chance for them to take some profits with a 15% max tax.

Its possible that selling under $2.00 isn't worthwhile for them and this is the bottom, but we will have to wait till end of December to be sure.

Early 2013 (when there is no more benefit in selling) i expect to be trading higher than this... Dont forget that most of the shares bought by their financiers and mining partners are this level and higher. Besides some long term insiders, not many are sitting on major profits under $2.00.


My posting contains many opinions. So please do your own research and validation.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent EMX News