Mar. 3 at 10:04 PM
$SXOOF Share price is likely to continue to drop and rise at the whim of large investors who can manipulate an illiquid, lightly traded penny stock traded on a small platform. The share price will not respond to anything but the largest events attracting new investors, so the recent announcement of yet another potentially profitable joint venture will not be reflected in share price.
Management indicated they will not be responding to shareholder information requests, stating they are working "behind the scenes" to build St Georges Eco Mining. This indicates to me that share price will remain in the hands of the large, manipulative investors to their profit.
My response is based on the news stories with facts, i.e., continued expansion of recycling capability at the Thorold Plant: so I'll hold on to my shares and Swing Trade price fluctuations to enable acquisition of additional shares at no out of pocket expense to me.
I understand I could be terribly mistaken.
