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Re: PennyPanic post# 2099

Thursday, 12/18/2014 3:06:46 PM

Thursday, December 18, 2014 3:06:46 PM

Post# of 48049
this has to be judged

by its bid price... not the ask

bid is a penny, the lowest i have seen it...

lowest since february, i think...

the ask has been propped up for MONTHS.... don't know by who...

the diluter?
the owner?
desparate shareholder?

in the summer time, we constantly saw 100 share ask slaps at pre-meditated asks... (in the 12 to 22 cent range)

lately, we have seen lots of 2000 to 5000 share ask slaps (at the 3 to 4 cent range) .... that has been keeping the ask at inflated levels...

but u are correct... panic may set it soon and people dumping to bottom feeders at much lower levels....

thats why i said many weeks ago, this could hit sub penny if we got no news.... and the silence continues....