Welcome To The Golden Minerals HUB On AGORACOM

Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

Free
Message: What Next?

What Next?

posted on Feb 18, 2009 11:23AM

A lot of volume today. Something sure seems screwy. If it's not forced liquidation on the part of some firm, then perhaps there are some deals still going down involving the shares and the warrants. Or something else.

It's tough sitting up here in the peanut gallery trying to figure out what's going on on the main stage when you don't know who the main players are or what the plot is. Huge amounts of shares seem to change hands with not much hesitation, so are there just buyers out there so anxious to buy that they can't wait? Is there a quid pro quo in there somewhere? It just seems too easy.

With all these shares for sale, why don't the buyers just pull their bids and wait for the price to come down further. A million plus shares trading in the face of what ECU says they have is bizarre and troubling, at least to me. When you're sure things can't get any worse, they simply do.

Share
New Message
Please login to post a reply