What I would like to know is where is the SEC? Do they even care about stocks under $5 bucks. These penny stock companies are a real headache and I have yet to see any of these stocks make it.These under a buck stocks are really a menace. They are upgraded by these fly-by-night websites. They pop for a short time and than they go to nothing. Unbelievable write-ups on some of these companies. I bet in the last 5 years, I have not seen any of them make it. They pay themselves and then go away. Some of them have really indepth websites and educated BOD's yet they are companies that survive on there initial filings and the $$$ they get from suckers the p-stock companies bring in. There is no accountability in this market. I guess we do not have the $$$ to watch them all to see that the majority of them are pure scams. Bank analyst makes this fat commission and we pay there salaries until the money and lies wear thin. I remember when we used to talk about Russia level of scams before they cratered. We appear to be on that same path.
You would think if this guy (McEwen) had all those connections being the CEO of Goldcorp, and all that good news and all those future projections, future strong PE, and no debt that people would be diving in at $3.05, yet no one. No matter what expansion news, or pixie dust administered has helped this stock go no where. What I do think is; these so called hard core longs are actually shorts that know the truth.