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S&P 500
5,214.08
(
0.51%
)
US TECH 100
17,658.00
(
0.32%
)
Dow Jones
39,387.76
(
0.85%
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Brent Oil
84.19
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0.28%
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Bitcoin
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(
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king oil

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king oil

Re: BabyHippo post# 6633

Friday, 04/11/2014 9:58:04 PM

Friday, April 11, 2014 9:58:04 PM

Post# of 7652
Historical pricing data tells the story.

From Oct 24 thru Feb 3, over 80M shares were traded (purchased) at an average price of 0.0006.

The p&d started on Feb 4.

From Feb 4 until March 18, over 93M shares were traded (sold) at an average price of 0.003. Pumping continued right up until March 18 when trading stopped because of the SEC suspension. Did insiders know this was inevitable given the lack of filing information?

Total profit from the p&d could have been approx. 80M x (0.003 - 0.0006), or $192k. Not bad for 6 weeks work.
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