Replies to post #6453 on Cotton & Western Mining Inc. (CWRN)

[Sylvrewynde]

In all fairness I doubt that Bob, himself, is doing the selling. Although it could be one of his nominees, I think it is more likely his secret "investor" that has been sitting on previously restricted stock and now wants to realize some kind of return for him/herself or possibly his Chinese "buyer" who undoubtedly was offerred free trading shares as a premium for signing the LOI Bob trumpeted about (but only released the signature page).

The last time this happened the massive trades stopped and CWRN went back to trading in the .0012-.0016 range. Prior to the last reverse split Bob would sell whatever he could for whatever he could get. When interest dried up he would go silent for a few months and then come out with another spectacular "find" usually accompanied with a picture of a his magnet stuck to a rock like Cohibaman pointed out.

[CohibaMan]

grtchnk, I have seen this same pattern over and over with this company. Like Sylver says, it was not ALL Bob, but a nice portion sure was. It used to be pure dilution all the time. If you can ever go back to old charts and posts, there was one time where he didn't even wait a day after a reverse split, and he drove the prive down to .0001 in about a month!

As I have stated before, Bob is managing this much better now. It will be interesting to see what shakes in the next few weeks. If you see more days of mega million volume, you know you are getting diluted, and the press is working. My GUESS is that he will play it smart like he has lately, put out some more PRs, and when the price goes up, he will dump again.

As to WHY he sold yesterday, simply to make money. Let's just say that he sold only 20 Million shares yesterday, at an average of .0016, that is 32K! Not a bad haul.

Now, I will play devils advocate, for those of you who say I am just a basher. I will give the benefit of the doubt, and say he is diluting to get money to invest in his company. That is what stocks are for after all. He will need the money for permits, equipment, surveys, to put food on the table, etc... The only problem with that argument is, we have YEARS of a track record, and the track record speaks for itself.

Some of you out there are looking at this as an opportunity to 'average down' Be VERY cautios of this approach. How many of you averaged down last week? Look where it got you. Just be careful out there, there will be plenty more days like this.