Replies to post #44004 on Copper King Mining Corporation fka CPRKQ

[private_wealth]

Yes. I posed the question earlier. DO you think the acquirer of these shares are long term investors? What happens to the stock price when their long term lasts about two days?

[Candy B]

Hi 'svalente', I'm with you! I'll ride this into the ground and THEN NOT SELL! I admit what I know about stocks is just about nothing, but, I'm too stubborn to sell like this!/IMO/Candy B

[double/down]

MM's are buying up diluted shares/they are taking it low because they need to make $$$ too! they will be selling these shares to the public the next six weeks or so...till they feel comforable enuff to run it again/small runs like 20d high..will be alot of false starts ahead/could be up to 6-9 months before a big run(break of .019) IMO

[Copper Gold]

Svalente
I think its a few rogue traders or brokers etc... running CPRK down. The U.S. stock market is set-up for this kind of manipulation to happen - the government & SEC allows it & pink sheet stock rules virtually dont even exist. CPRK is an easy stock to manipulate by the big money - millions of shares moves the stock price big (on a percentage basis) and costs virtually nothing to trade or short. Thats why you have to get it set in your mind when you buy a penny stock, to hold for the long term, wait out all the manipulation because penny stocks are manipulated up/down big time. Pink sheet stocks dont have the same regulation & rules that the NYSE has so .....its almost an anything goe's environment. The fact that CPRK is a non-reporting pink sheet stock that doe's not have breaking news everyday is keeping people in the dark & traders dont like uncertainties.
IF CPRK gets long term financing & reports some descent copper shipping numbers this thing could bounce up 100-200% overnight, but until something like that happens - I think we are in for a rough ride in the short term.
I'm not selling out - I'll ride it into the ground if I have to.