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Seafarer Exploration SFRX
Posted On: 11/11/2013 7:56:28 PM
Post# of 7803
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Posted By: Coat Tail Rider
Here is a speculation I have on this stock. I think there are people that are used to being able to manipulate the price of a penny stock by spreading rumors on a board like the schlub. Run it up when they want and run it down when they want to buy and sell to their advantage. Most pennies have few actual shareholders and the price is very volatile and easily manipulated with a few lies here and there which a certain site is perfectly set up to facilitate. However this stock has thousands of owners so you'll notice that when there is a surge or a slump it usually has nothing to do with Internet rumors. I think there are big shareholders that are doing what they want to do and their decisions are not based on Internet rumors.













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