Totally Manipulated Be Careful
$Excellon Resources (EXN.US)$ Totally Manipulated. This stock is almost wholely owned by FAMILY Institutions and OTHER entities. These holders are not required to report giant block trades to the SEC. They dont get red flagged when insider trading or market manipulation is taking place. They are almost the loophole through the laws to do insider trading and market manipulation. This is the reason $GameStop (GME.US)$ $Express (EXPR.US)$ and all of those other companies experienced those unnatural meme stock rallies. To the moon they called it. BE CAREFUL with these momo stocks. They can make or break your bank account.
I grabbed a small position on this one myself. Wish me luck.... I need a job at one of these family institutions.
TO THE MOON! ![]()
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gideonl : Any signs of going back up based on daily chart other than the gap down to be filled
SpyderCall OP : no. no other reason than manipulation. it's not a good company. It has no reason to up and double market cap. It just isn't reasonable.
but sometimes these meme stock momo trades move so much that it is hard not to buy it. i want to doubly my market cap..... It's not hard to double my meger market cap.