Something suspicious in BGO and CDE

[asimpowers]

Seems like there was some significant dumping of these stocks at the end of the day. Any ideas?

[Libertarian_Guard]

Perhaps day traders are participating, they get more bang for their buck playing Au stocks that only cost a few dollars, and it must be more profitable that trading options on NEM.

[Scorpio]

Hey that is easy, can you spell

DILUTION !!

[helpful_monkey]

These stocks were selling off at a clip of .03 and .04 on 1000 share trades.

I watched it happen.

550,000 shares bought right at the bell, or shortly thereafter.

It was a scam.

Grasso and the boys would've been proud.

[asimpowers]

Originally Posted by helpful_monkey

These stocks were selling off at a clip of .03 and .04 on 1000 share trades.

I watched it happen.

550,000 shares bought right at the bell, or shortly thereafter.

It was a scam.

Grasso and the boys would've been proud.

This type of steep fall happened in CDE before in early Sept. I put a limit order to buy at 3.45 anticipating something like this, but it did not get it. Hopefully, I'll get a chance to pick up some on monday before it goes back up.