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Tuesday, December 06, 2016 10:47:33 AM
That "nice volume" came from a big ole single trade, PRE-MARKET SELL-N-DUMP of 2.5 MILLION shares at .00249
How is it "up" when the Bid is presently pinned down at a lousy .0023, meaning that's the MOST anyone can get for their shares?
Straight from the OTC market site:
Real-Time Best Bid & Ask
0.0023 / 0.0029 (200000 x 98000)
NOTICE too, the Ask is now dropping, already back below .0030 ?
It's NOT "UP" that I can see? If one wanted to sell, they get .0023 AT THE MOST, and likely a lot less than that if their order has/had any "size" to it. That Bid folds like a cheap pup tent in a wind storm if one throws more than about a lousy $500 bucks worth at it, just look at historic daily TIME and SALES prints or any historic chart of this thing.
The Bid, which is all any MM or buyer is willing to pay for these shares, that Bid is presently barely off the ALL, ALL, ALL TIME RECENT LOW of .00160 per share. That's all I see here?
Posts are only my amateur opinions, personal views and thoughts. They are not any type of investment advice. Do one's own due diligence.
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