Monday, August 22, 2016 10:21:53 PM
That trade happened outside of normal trading. I can't say how it happened. There's just no way it could have been a open market trade. If it had been open market it would have been matched at. 0002. Last time I looked there were millions and millions of shares waiting to be sold at . 0002. You shouldn't be able to just skip everybody and make a sale so far up the scale.
There's been some shady manipulation going on in SWET. Someone has been trying to create the impression that there's interest here.
Although, It's hard to say what trade is manipulation and which is just another bag holder taking on some weight the trades that show up in black are the most likely. They're special in some way. I've seen lots of trades that print as a .0002 which are actually .00015. Most people can't enter that amount for a trade. Also, most people pay a minimum commission that makes a very small trade impossible to make a profit with. The only viable reason I can come up with is they're just baiting the hook by making small trades that average into their larger holdings at a lower price. Who knows, maybe they bought a pile of shares below .0001. I guess it's possible...
My guess on that 15000 share trade was made somehow by the same manipulator who has made most of the small to medium sized trades at .0002 lately. People notice spikes. Only thing is only 15000 shares in a penny stock is pretty much ignored.
Here's the time & sales for today.
There's been some shady manipulation going on in SWET. Someone has been trying to create the impression that there's interest here.
Although, It's hard to say what trade is manipulation and which is just another bag holder taking on some weight the trades that show up in black are the most likely. They're special in some way. I've seen lots of trades that print as a .0002 which are actually .00015. Most people can't enter that amount for a trade. Also, most people pay a minimum commission that makes a very small trade impossible to make a profit with. The only viable reason I can come up with is they're just baiting the hook by making small trades that average into their larger holdings at a lower price. Who knows, maybe they bought a pile of shares below .0001. I guess it's possible...
My guess on that 15000 share trade was made somehow by the same manipulator who has made most of the small to medium sized trades at .0002 lately. People notice spikes. Only thing is only 15000 shares in a penny stock is pretty much ignored.
Here's the time & sales for today.
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