Has anyone ever been in a stock where the T/A was being given the wrong information by the company? I have not and am pretty sure it's a very serious no-no... Just doesn't make sense that our 10d average volume is +6.5M with the T/A charging people $30 to tell them the o/s is a fraction over 36M...
Rolling shares to the downside maybe to force sellers from high pennies?
Is it possible the selling is in advance of recieving the 20M restricted, or maybe they got the legend lifted prematurely, etc.. etc..?
This one is pretty interesting to say the least. Someone is either working this one hard for the mother of all runs, or someone is going to get in some serious trouble.
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There have been gaps in the news of 3+ months with this company before. Without throwing another date out there to give false expectations, but going by the last PR being on Jul 9th, you'd assume they still have until next week to put out some press and not be breaking any records of silence in their books... From Feb 12th to May 14th
"China Jiangsu Golden Horse Steel Ball Comments on Its Industry
Marketwire(Wed, May 14)"
"China Jiangsu Golden Horse Steel Announces Common Share Reduction Marketwire(Tue, Feb 12)"
Hopefully they just saving up their news as we all know there are numerous things they could be commenting on.. and they'll give us a nice PR campaign to bring some momentum back in this puppy and send her flying... Doubt this thing is done and is going straight to zero just yet.. who knows though.
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