I'm not a day trader or even an experienced investor. I bought this stock long before it went public because my cousin knew John and provided some seed money to get the company going when there was only the tape reading technology.
I'm told that this kind of drop is a result of manipulation of the stock price which is disturbing to say the least. I wanted to sell a few shares simply to free up some cash but the rapid dropping price and the weak U.S. dollar has obviously put the kybosh on that thought.
Can anyone shed some light on what is going on with this stock for me? Do you think it is just trader manipulation? Gotta say, I'm wishing I had sold at the $7 - 7.70 mark 1-1/2 years ago as I would have seen a profit of $125,000K. But now it's dropping again...for no apparent reason...except the looming possibility of a national default by the U.S. which will destroy the dollar value as well. Wish JB had considered going public in Canada instead. At least our banking system is solid. The U.S. seriously needs to get their act together.
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