Never a pumper, just seeking value. Seabridge, Novagold, Scorpio, Spanish mountain, etc. I've been in these kind of stocks since 2000. A "pumper" by definition works in a nefarious way, I believe in the up and up. I bought TRX at .90 originally and sold when the chart got ugly. Good advice for ANY stock. Rarely does a stock recover well from this kind of drop. It's reality man. There are plenty more opportunities out there, especially now. Everyone should recognize the risks of investing the these exploration equities.
"Rarely does a stock recover well from this kind of drop"
I'm not questioning your trading strategy or risk tolerance, but If you're going to say that, please explain your stance the the stock price of an explorer with existing and imminent progress, funded and government backed with easy to mine properties, makes a difference to its future success? If you can, where's the correlation between instances of "this kind of drop" with company failures?
Hah. The mine was closed because it was hard to mine and didn't meet production expectations. The easy to mine surface ruble is a pipe dream. Where is that mentioned in the Buckreef 43-101 report. Oh I forgot IAMGold decided to drill $100 million worth of holes but skipped the easy to mine surface ruble. Sinclair had to retract that statement as it violated Canadian disclosure regulations. You won't find that press release on the TRX web site.
This guy on yahoo just mentioned "It is called SEC Short Sale Alternative Uptick Rule 201 " Says short selling on downticks was prohibited in TRX. Now that explains why they needed Geier. So the boys sold short against a long position the dumped the long and are now covering. Nice strategy.