If you read the article put out by Capital Market, (previous post, today), you will see the different scenerios that they could be playing out. The problem with these small companies is, if not an reporting co., then you will not have a clue as to what they are doing. Many like it that way. Heck, they could be selling shares out of the back door, for pennys', get an overseas investor involved, dilute the company shares, and even throw in a reverse-split, to boot. Who knows??? Its like the article stated, its almost impossible to read their hand. Dang glad I changed my limit order from 1/8 to 1/16 today. Selling to fast. Now is it even worth 1/16, with no news, no financials, nooo... way.
Good luck,
Gary |
