SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Golden Eagle Int. (MYNG)
MYNG 0.0700+5.7%Feb 21 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: zenin who wrote (922)2/28/1998 1:09:00 PM
From: Bradley G. Fraser  Read Replies (1) of 34075
 
I can't believe that anyone would seriously consider "MM Manipulation". GE has a case of extreme share dilution. The company has been trading shares against peoples hopes and greed. Some of the equipment they are using was "financed" in this manner. Unfortunately this creates a very volatile and vulnerable house of cards. It takes very few shareholders to swing the price. The actual amount of cents per share may seem insignificant but if GE goes from .07› to .05› that represents a value percentage swing of 28.5%, This becomes significant when the shares are picked up at .05› and ridden to say .08›. Would like to share more thoughts but I am off to the Science Centre.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext