PNN 11.5% 14.5¢ power minerals limited

Ann: Power expands uranium exploration in South Australia, page-17

  1. 333 Posts.
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    I am also in the same boat, Lithium is down so are may other good stocks, although it is good time to pick bargains, already fully invested.
    There suppose there could be a clever manipulation with low volume. When I look at all sales from 2nd Jan daily average is 67000per day or from 1st Dec 75000per day @.23 per share = $17250, at current prices 75000 @.175 = $13125 = loss of $4125 + commission say 10%. In the process the end up picking up say 500000 almost at a bottom which they decide, in this case say 0.175 and dump it at a pump at say 2.5c, they will make .025*500000=$12500.
    This is only an example, the real profit may be higher. All this is happening because there are no real investors in this scenario, just my thought. However, if the basics are good as in this case, the recovery would be quick too.
 
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