Replies to post #3007 on AU MIN Africa PTY Ltd. (GRYEF)

[RBR2]

Bear w/ me as i ask this Q, but is UBSS responsible for the drop in pps, or is it the co insiders?

[bullcents]

well guess what.



UBSS is the largest investment bank in the world...systems like scottrade, etc. use UBSS to facilitate their trading on the floor or OTC. UBSS isn't dropping the price, the sellers are hitting the bid price, and since we're dealing with fractions of a penny, its the difference between gaining 30% or staying at 0.0006. The main underwriter of this stock is MG Financial, LLC of MN NOT UBSS.

UBSS isn't even a market maker here. It represents a system by which online brokerage firms trade. Which means, people are just selling their gains from today...day traders...and everyone else says "OMG the price is dropping....GET OUT GET OUT!" and so the price drops like a rock.