{"id":4843,"date":"2014-06-30T14:11:52","date_gmt":"2014-06-30T14:11:52","guid":{"rendered":"\/?p=4843"},"modified":"2014-06-30T14:11:54","modified_gmt":"2014-06-30T14:11:54","slug":"minerco-resources-inc-otcmktsmine-falls-despite-insider-buying","status":"publish","type":"post","link":"\/articles\/minerco-resources-inc-otcmktsmine-falls-despite-insider-buying\/","title":{"rendered":"Minerco Resources Inc. (OTCMKTS:MINE) Falls Despite Insider Buying"},"content":{"rendered":"\n<div><img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/07mine.png\" border=\"0\" width=\"450\" height=\"201\" \/>Minerco Resources Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=MINE\">MINE<\/a>) stock fell 9.57% on Friday, despite the news of insider buying that hit the web on Thursday.<\/div>\n<div><\/div>\n<div>Usually, the news that the company&#8217;s director has acquired 1.5 million shares of its common stock at current market prices through a private placement is reassuring, to say the least. Sadly, even this news could not halt <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=MINE\">MINE<\/a>&#8216;s <\/strong>present headlong tumble. <\/div>\n<div><\/div>\n<div><strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=MINE\">MINE<\/a>&#8216;s <\/strong>fall was caused by the terrible 10-Q that the company filed on June 23. It showed investors some pretty disappointing figures at a very sensitive moment, and the results are obvious. The company has been painting the charts red ever since the report hit the web.&nbsp;<\/div>\n<div><\/div>\n<div><img loading=\"lazy\" decoding=\"async\" style=\"float: left;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/286MINE_logo.jpg\" border=\"0\" width=\"120\" height=\"37\" \/>The way things are going, <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=MINE\">MINE<\/a> <\/strong>will need a real change of pace to get back on the investors&#8217; good side. If it doesn&#8217;t show some real progress soon, it may be looking at a long and rough journey to the bottom of the charts. Presently, sub-penny land is just about the corner, and there&#8217;s no real way to tell how far the ticker can sink.<\/div>\n<div><\/div>\n<div>Most other popular OTC Markets pot-stocks, such as Terra Tech Corp. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TRTC\">TRTC<\/a>) and Creative Edge Nutrition Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=FITX\">FITX<\/a>), had better results than <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=MINE\">MINE<\/a> <\/strong>on Friday, but that is not to say that their positions on the market are not precarious to say the least.&nbsp;<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Minerco Resources Inc. (OTCMKTS:MINE) stock fell 9.57% on Friday, despite the news of insider buying that hit the web on Thursday. Usually, the news that the company&#8217;s director has acquired 1.5 million shares of&#46;&#46;&#46;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[10,185,259],"class_list":["post-4843","post","type-post","status-publish","format-standard","hentry","category-news","tag-fitx","tag-mine","tag-trtc"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/4843","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=4843"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/4843\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=4843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=4843"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=4843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}