Timmins & Beardmore - Northern Ontario

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Message: Heavy volume no change in SP?????

By way of disclosure, I'm a KXL shareholder, but I read all the GB area stock boards.

It's my opinion that most of the trades happening here are penny flippers, making a couple hundred bucks (if they can) and moving on. They have no interest in the long term viability of this stock. The pros just look for situations like this to take a quick profit, even on a penny change in the SP.

This is what the stock market has turned into... a casino where the professionals know how to make a quick buck while the long term holders come out on the losing end watching the same thing day after day as their stock drifts sideways or downward.

Hopefully things change soon, because it's incredibly frusterating.

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