Replies to post #12333 on Brookmount Exploration Inc (BMXI)

[FIREMEDIC0001]

Not sure why VERT stayed on the bid and ask all day

[Hercules1]

i think the run yesterday was legitimate.

but what happened today was combination of a few things:

1. it was up 371% yesterday so it was going to be attacked by the short sellers.

so they attacked it all day long. no doubt there was relentless naked shorting.

2. this led people to take profits and run.

3. also led people to panic and run to the hills.

so buyers stayed on the sidelines as the stock was being hammered nonstop.

so everything played right into the hands of short sellers. when the buying volume is weak, that is their signal to keep shorting the hell out of it.


CEO could have stopped some of this bloodshed with a bullish press release today. financials are strong. he has very little debt which has been drastically cut/reduced. eps of .28 and a strong balance sheet.

now he is likely to do it on tuesday morning.