GMC 0.00% 0.6¢ gulf manganese corporation limited

Ann: Termination of Binding Agreement, page-279

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  1. 99 Posts.
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    He would have scored a significant proportion of shares for well under 4.2, most likely under 2c. You couldn't see a good strategy scoring him 10% for under 4.2c/share? I've only been interested for a short time but I keep seeing it with other small shares people come in buy good stakes, shares go up a couple of points, they offload some of theirs, share price drops , they buy a little more, up a couple of points sell sell sell, price drops by a few more. Selling at peaks, buying in troughs, there's no doubt some big players manipulate small markets with their purchasing power and they end up building significant stakes while keeping their average price/share relatively low in comparison to market values. Correct me if I'm wrong, I'm truly a lay person trying to learn a bit about how it works, I've only got a toe in the pool at the moment.
 
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