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Re: powderbum post# 11580

Monday, 12/08/2014 11:02:52 AM

Monday, December 08, 2014 11:02:52 AM

Post# of 15274
"How desperate is that?"

On the other hand, how "desperate" is it to worry about 100 share trades being evidence of "manipulation in a "penny stock" like CTTC?

If anything, I would be more suspicious of large block trades as possibly someone trying to "defibrillate" a dead stock back to life.

Seriously, who in their right mind would WANT to buy 10,000 shares in an essentially bankrupt company selling quack medical devices? Especially one whose inventor has declared it no longer authorized to sell or distribute his product, whose manufacturer is suing it for non-payment, whose former sales manager is suing it for breach of contract, and whose COB has a lien on the all the assets to secure loans made by him?

Why, it's positively ludicrous to imagine anyone even CONTEMPLATING purchasing the stock in large blocks for ANY other purpose than manipulation.

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