(A followup to posting 8/26-- AUMN: Is the stock manipulated?)
(9:21 am CST email with GWR with cc-Karen Winkler)
There was a 8M sh bid at 1.57 and merely 100 offered at 1.58, yet it could not penetrate 1.58 for 10 minutes as thousands of shares traded.
Now, here comes 5M offered at 1.58. I’m sure we will witness the same systematic takedown that we saw yesterday as the stock reversed a 13 cent uptick.
Stunningly, AUMN’s management doesn’t acknowledge or even spend the time to watch this blatant suppression. I guess they have better things to do (although production is not one of them).
But, they go through the usual “CYA” by consulting with the complicit and completely dishonest market makers—kind of like soliciting Bernie Madoff’s opinion as to whether fraud ever exists in asset management.
(Update at 10:25 am)
Now 1.52-1.53 with no change in metal prices.
Same game, just different day.
Nothing different that those that diligently watch trading every day, haven’t seen over and over.
Update at 10:28 am)
1.49-1.50
Silverbull50
