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Re: crunch55 post# 18185

Friday, 06/07/2013 12:51:34 PM

Friday, June 07, 2013 12:51:34 PM

Post# of 104461
Maybe because between 6 and 7 cents is where it belongs according to the market. It's moved out of that range, it was a nickle at one point last week and it hit 9 cents or so within the fortnight. For all the hopes and dreams here, this is a company that could declare bankruptcy this afternoon and wipe out any shareholder value. There are few assets and no cash. So the market has decided that between 6 and 7 cents is fair.
Until a contract is announced, this remains a long shot and is priced accordingly. There is no manipulation going on to hold this back. And there is certainly no grand scheme to hold back the stock price just because freegrass owns it. That is delusional.

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