What are Peppie's bears going to do? Will they smash the buyers to create some fear and hold it down? Or are they finished and this is the beginning of a climb back to fairer value?
No one is holding this down. It's just balancing between what people think is fair value. Could it go up? Yeah of course.
My statements have only referred to Coburn and the way it was handled. Do I think GUN's Coburn project is worth GUN's market cap? No. So the difference is probably people speculating that it could go up for whatever reason.
Pep
GUN Price at posting:
2.2¢ Sentiment: None Disclosure: Not Held