Replies to post #80046 on Capstone Companies Inc (CAPC)

[JTHawk]

Most of the sells are probably LittleBanc. He is correct. They are killing the stock price. We need bigger volume to wipe them out. Once they are gone, the share price will reverse but they’ve already done so much damage it’s sad

[Salve Lucrum]

Mike, furnish the message number(s) of your reply!!!

Like others here I am interested in concrete information on Capstone and I can assure you that though I follow all posts on CAPC I too am unable to find where you have answered the question.

No need to go into detail - just identify your on-topic posts by message number that contained the requested information and we can all participate in a meaningful discussion of CAPC.

[buchro]

I'm sorry mike, I somehow did miss your previous answer. Thanks for the reminder.
My response: from July until the end of September, the price drop from $2.50 to $1, before the little Bank shares were eligible to be sold. Then the price briefly jumped to $1.80 on news that the FCC had successfully tested the mirror. So there was significant retail buying and selling before the little Bank shares hit the market. From mid-october on, it's conceivable that sales of those shares have at least contributed to the downward price trend, although I don't know of any evidence that they are totally responsible

But it does not seem reasonable to claim that the 19%drop yesterday was caused by a littlebanc dump. The drop cameright after Stewart's teleconference a news news that f FCC certification was granted rather than a highly coincidental little Bank dump, I think it makes much more sense to assume that investors are becoming discouraged by several factors I described in a previous messagend