Affinity Gold Corp (AFYG)

[PennyStockYoda]

Only conclusion that makes sense, since the T/A again has confirmed
no change in the O/S, is we have someone with certs cashing in.

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I will take a very educated guess at this. I have confirmed with
the transfer agent, there has been no increase in the outstanding
share count since the private placements were added. Those private
placements are restricted for at least 12 months.

The float and free trading are actually different numbers. Why?

http://www.affinitygold.com/#!stock-quote/c157i

Well, because the float only accounts for the shares in the market
that the public can trade and the free trading include shares in
cert form that are "free trading".

Keeping up?

Ok, then. Now, what if a cert holder saw that the stock was moving
or thought it was time to cash out his shares? Well, he would take
them to a broker who could then use those shares to short against,
cover, short again, cover, and then dump the real shares in the
market after they cleared.

Makes a lot of sense doesn't it?

Now, I can't say for sure this is the case. However, if there are
no new shares in the market, the shares HAVE to be coming from
somewhere. Where if not from cert form?

Also, shorts do exists. They are not pink elephants. Unfortunately.

And depositing certs, while waiting for them to clear, provides a
great opportunity to short.

All makes some serious sense to me, but what do I know... I just
buy shares in a company I can't even see or hold and hope they
eventually go up. Almost the definition of insanity if you ask
some people.