Replies to post #71731 on Sarissa Resources Inc (SRSR)

[dmbao]

I personally don't expect TCK to be the partner here although others do. I think they have their hands full right now.

The price drop after the NI seemed someone playing the run up and the mono players bailed out when nothing materialized. Of course volume on the way up was multiple times that on the way down so more shares got locked away. Perhaps we were all naive expecting something better

One of the problems in SRSR IMHO is it is tightly held so it can be easily moved on small volume, so somebody needing to sell a couple 100k starts a downward spiral, long termers keep buying but not until lower lows. So without new buying at the ask I size this continues.

I am not sure a low can be predicted as it will be news driven turnaround or a new buyer will emerge. We are cheap here at 0.052 as we were at 0.8 or lower it doesn't really matter but without a reason to buy more and do so agressively we could continue to drift lower. The only interesting observation I have with each sharp down move volume spikes.

We are either very early in this story still or SRSR hasn't got themselves know or their story out as well as needed, not sure why that is but wenhave yet to see real buying since Scott took over. This should evetually see huge volume days when that comes we know it's game on