PAX 0.00% 1.2¢ panax geothermal limited

william your theory just does not make sense.nobody sells...

  1. 371 Posts.
    william your theory just does not make sense.

    nobody sells something off in an attempt to make it go up, if anyone was to do this they wont be around in the market for very long.

    a more reasonable answer is that the underwriters bought too many shares and are offloading some to clients on market at a discount to what they paid. as the underwriter received free option for the initial purchase plus a free option for being underwriters, it doenst hurt the bank by selling them to exisiting client at 0.5 which is close to break even for them. the small loss can write off any gains elsewhere.

    at the end of the day....you cant control a market with less than 5k. if the stock is going to go up, it will, but only when the news is concrete. try sit back like i have for 5 years..
 
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