InvestorsHub Logo
Followers 27
Posts 2968
Boards Moderated 0
Alias Born 04/14/2014

Re: specutator post# 105869

Friday, 03/27/2015 1:49:10 PM

Friday, March 27, 2015 1:49:10 PM

Post# of 123644
You're not following. If I have 60 million MRIB shares at zero cost basis and price support it every once in a while with a loss trade giving the appearance of a "run" in progress it's a win-win. So I lose $.0001 on throwing the shares purchased back in a higher volume trade at $.0005. It's still a net gain of more than $.0004 and depending on the volume differential, even less of a loss. Free money too. And it supports PPS, gives an impression of trading activity in what is already a stock trading so thinly a $10 trade can move it 25% and flippers get the impression there's spread and keep playing. It's not a difficult nor complex concept. Could be someone doing trades with themselves for all we know where not a penny goes outside their circle.

The incorrect assumption you're making is that all the MRIB trades are from common MRIB shareholders with a cost basis and at risk. It sure looks to me like there's someone or a group of people trading with stock they didn't pay anything for. As I said, the volume sold at lows so heavily outweighs sales at any profitable prices or premiums we're seeing tell me that it's either that or $60K a month is being lost among common shareholders.