Re: 14,000 investors courtesy of BBrown
in response to
by
posted on
Jun 16, 2008 05:12PM
I've been out of pocket for the past few weeks so I'm not up to speed with the 20M share day yet. I'd guess they weren't all sales however. Since much of the markets moves are paper moves based on paper information/hype/etc. it won't take to much paper to clear out the BCSC problem and we'll see a bounce back in price, which I'm also sure many of the 20M shares are sitting back and waiting for. If the China connection, the PR department is talking about, actually happens because of solid news about either the mother load discovery or the actual start up of the Green Fuel project, then a stock price explosion will take place. In the mean time, we play penny moves with large quantities of shares.
I usually play the long game of buying and waiting. Silverado has the penny game going right now that has been pretty reliable to play both ways of late. Silverado does have a history of shooting the investors confidence however, so we're again, waiting to see if they indeed do it again.