Wednesday, May 25, 2016 12:39:14 PM
We are fairly certain they are the convert sellers and will be confirming with Mr. Kidrin. Ironically, I believe a past post suggested Citadel was a retail seller (as a factual statement) when I know personally from dealing with them they are an institutional seller (and reality is MM's don't primarily handle 'retail' trade flow - anyone familiar with how MM's work would understand this - or anyone familiar with market basics and economics - there is just not enough money in managing primarily retail trade flow).
Again, if those here had listened to me when the MM's tried to unload the shares to retail you could be buying today at 0.014 vs 0.05. One poster mentioned well you could have sold at 0.05 - I tried to take some small profits on 150k shares @0.042, I couldn't sell them. The move from 0.013 to 0.05 a day ago was pure manipulation as I suggested. Completely low volume move, likely MMs trading with each other to push the price. If you can't move stock at the bid, its not a real buyer is it?
Indeed, hopefully we will determine if there are any on this board assisting those MM's in the coming months, as that is part of the process that is in motion.
:)
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