Spider Resources

Welcome To The Spider Resources HUB On AGORACOM First Explorer at the "Ring of Fire" and presently drilling on the "BIG DADDY" Chromite/Pge's jv'd property...yet we were robbed
in response to MarlboroDog's message

You know, one way of increasing the value of our holdings right now would be for all of the retails to buy more shares. Some of these would come from other retails, but this would have the effect of moving shares from weak hands into stronger. Some of these would come from institutions - it's possible that certain companies are using electronic trading algorithms and we can nibble away at the share bases they are using to play the game. This wouldn't have a major impact on the share price, but it is probably a safe bet on the purchasers' part, because Cliffs unquestionably wants these companies. And it would send a clear message to Cliffs that retails aren't interested in giving up easily (although I'm sure they realize that already from reading these boards).


Please login to post a reply
MarlboroDog
City
Rank
President
Activity Points
7368
Rating
Your Rating
Date Joined
12/13/2007
Social Links
Private Message
Spider Resources
Symbol
SPQ
Exchange
TSX-V
Shares
660,422,662 Aug. 27, 2010
Industry
Metals & Minerals
Create a Post