another good day for KMR and another day with out any news from the BOD
what is the point in selling and buying 100 shares? and even 5000 shares which happens regularly
so why all the low sells and buys?
out of curiosity does any one else believe that KMR is having its share price manipulated?
Lure and Squeeze: The way it works is a company is very distressed on paper, with impossibly high debt and consistently high annual losses, but very few assets, making it look as if bankruptcy must be imminent. The stock price gradually falls as people new to the stock short it on the basis of the poor outlook for the company, until the number of shorted shares greatly exceeds the total number of shares that are not held by those aware of the lure and squeeze scheme (call them "people in the know"). In the meantime, people in the know increasingly purchase the stock as it drops to lower and lower prices. When the short interest has reached a maximum, the company announces it has made a deal with its creditors to settle its loans in exchange for shares of stock (or some similar kind of arrangement that leverages the stock price to benefit the company), knowing that those who have short positions will be squeezed as the price of the stock sky-rockets. Near its peak price, people in the know start to sell, and the price gradually falls back down again for the cycle to repeat. or maybe this is happening?
I dont know about everyone else but i have seen this manipulation each day for the past month!
'Manipulation' One way people can deflate the price of a security is by placing hundreds of small orders at a significantly lower price than the one at which it has been trading. This gives investors the impression that there is something wrong with the company, so they sell, pushing the prices even lower. Another example of manipulation would be to place simultaneous buy and sell orders through different brokers that cancel each other out but give the perception, because of the higher volume, that there is increased interest in the security. I think this stock is being manipulated if i am honest. I have been watching it for a month now and to me this is what is happening!
can anyone explain what is going on with Kenmare share price people buy it goes down i have never seen that before :S day by day the amount of shares bought out weighs the sells by alot but the share price still falls. Could anyone explain why this is as i am starting to get confused
but yet by doing what ever they are doing the price is going down :S
is it me or is someone really trying to keep this stock up? i have seen loads of 5000share trades for buy
thank you
I think that is the euro price as far as I know
does any one know why J&E Davy t/a Davy are buying 100,000 shares a day and price paid is showing as £0.01. Why are they paying that much :S
I might have a dabble myself I am sick of topping up my Kenmare shares
well anything is more exciting than Kenmare at present!! Are Pan African due a dividend payment?