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

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Message: Daily price pattern?

Daily price pattern?

posted on Apr 09, 2009 08:15AM

I have to ask:

What is it that's trying to be accomplished with the daily price pattern very day?

Without fail, it seems, ECU opens down 1 or 2 cents and stays there ALL DAY, then at the end of the day, it either goes to unchanged or even up ever so slightly, usually.

I just don't understand the reasoning other than keeping a cap on the price. Is it just to demoralize us so we get fed up with this behavior and move on? I could see how a person that didn't know ECU that well would want to, but I would also tend to think that anybody that wasn't a greedy, long term, know what we have, type person, like me, would already be long gone.

Terry

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