Replies to post #7457 on US Precious Metals (fka USPR)

[Adrock]

Concerned no, would I prefer there wasn't stock available for sale at .142, of course! With the good news that is expected to come I'm surprised someone would want to lock in a 20 percent gain when the reward could be north of $5. You have to wonder?

[russo123]

First of all, what was described is not churning. Churning is when a broker does unauthorized trades in a clients account for the sole purpose of generating commissions for the broker.

Second, people who sells 300k shares in one print are not taking a quick profit. A stock that averages 180k shares a day does not make a flipper want to flip 300k shares in one print.

And seeing as how USPR is now offered at .142 after knocking out the 160k share bid, means there was more stock for sale then there was to buy.

Somebody wants out and they have a lot of stock, is what I am saying.