Th shorters could drop this to a couple of cents by the end of the day if they choose too , but for some reason they choose to walk it down gently , Psychology , peoples opinion . emotion , perceived fear . These are the targets the shorters are aiming for, When you are in control of the situation people get cocky . The shorters on a roll here. Rather than every one calculating the new low market cap everyday , lets concentrate why or why not this company will be viable as a going concern in the years to come . as i mentioned before the issue for me is the money they need for Merlin. The current mines how long can they sustain the company without Merlin.
IVA Price at posting:
16.0¢ Sentiment: None Disclosure: Held