I agree with your observation...that is why I rather deal with facts rather than a rumour or the start of one.
Good question concerning share price..
1) Overall...all the ring of fire stocks have gone down recently...except for BLR I do believe. I like to keep an eye on NOT as a gauge on where the stocks will be that day...it's a good indicator.
2) The stock mostly went up on the NOT news...TME is due for news...hopefully on more land claims or deals as they previously mentioned...we need something to keep interest.
3) Tax loss or profit taking could be another reason...maybe even some Christmas money needed. Daytraders know this...I observed 12,000 shares sold today by a certain house...upon selling...it immediately went up on the ask side volume for 7 cents higher from the same house...imho..it was one in the same person.
4) I have also noticed that the bids get hit first thing on low volume over the past few weeks. In my opinion they are creating a situation of weakness...even though baseless...they are trying to get as many cheap shares as they can. At one time today...the stock was at $0.56...bid was $0.57...ask was $0.65. Even now the ask side is at $0.63...stock is at $0.58. Ask side has 80,000 shares on the offer between $0.63 & $0.72....so why sell in the fifties....it does not make sense.
Regardless of everything....I look forward to JAN/FEB when real trading/fun begins....this area play is just getting started.
