News Focus
News Focus
Followers 321
Posts 19830
Boards Moderated 0
Alias Born 06/01/2007

Re: raggystrongman post# 19649

Tuesday, 07/30/2013 11:28:15 AM

Tuesday, July 30, 2013 11:28:15 AM

Post# of 23105
Yes, I'm totally aware that my guess as to their motivation is "quite heavy" as you say. Moreover, I have done my best to clarify to management exactly how "heavy" that sort of behavior would be -- if indeed I am correct.

As for what we are seeing with current trading, I really think they'd be opening themselves to massive issues if too many of their buddies were to buy shares now. But the more shares trade hands down under 10c, the more shares there will be to buy under 20c.

Think about it. What if one of the large holders were to dump 500K or 1M shares, tanking it down to 5c or lower? How many of those shares would then be put on the market at 15c (for a triple on the part of whoever was buying at 5c)? Or we'd have the same effect if 10 shareholders were to each sell 50K. Either way, why put out information now that could lead current shareholders to hold? The more selling now, the easier it will be for their buddies to buy shares later. They simply do not have any motivation to help us out in the meantime, unless by some chance they care about us and/or are taking their fiduciary responsibility seriously. And I'm sorry, but I just don't think they do. They could easily prove me wrong by turning Quantcast back on and/or updating their website. Their actions speak louder than words.

So, the question that I'm asking myself is whether I personally benefit from them being this way. I think the long term answer is yes, I will benefit. I think it stinks, but I'll hold my nose all the way to the bank.

Wadi

.

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