SmartMetric Inc (SMME)

[mrnutsandbolts]

Bale out...truth can be stranger than fiction. Price is based on Supply and Demand. A strong demand on a stock in a single day CAN raise the "bid" price 4 cents in a day.

Also, The 4 cent close was a sale...an "ask" price. The 8 cent purchase was a "bid" price. The spread in the bid and asking quotes and the corresponding action on those prices can ALONE account for MORE than a doubling in price at levels such as SMME.

This is "penny" land, NOT the New York stock exchange. Such a fluxuation in price is not uncommon here. Such a change in price--4 cents--was only a $5 million difference. And as you see now it under 7 cents.

Think about it....