target potential, page-20

Hi(DPH)

Just for iron ore companies.

With nearly 2 billion shares on offer it would not be hard for brokers and the like to scare people into selling.
Lets say they have 60 million shares under their control that were bought at an average price of 8.2 cents.
The share price is,say 12 cents,they put 200 thousand at 11.8 for sale they go so they put another 200 thousand at 11.6 cents.People start noticing and start to panic why so many shares are being put up at lower prices.Before you know it it is down to 10 cents.share holders really start to panic and the next thing there are 6 million shares on offer below 10 cents.The people selling have sold 1.2 million getting the price down to below 10 cents.They then buy up these 6 million shares below 10 cents.
They could try to panic the price even further or leave it at that price before buying the 6 million at below 10 cents.
Of cource the 200 thousand could be 2 million at a time.

Regards
Westcott.