Friday, October 12, 2012 4:52:11 AM
If you look at the chart, it is very obvious what is going on. Even an amateur trader can pick up on this. Look at the high volume days [9/4, 9/11, 9/18, 9/21, 10/2, 10/10] where the stock reaches new lows about every week or so. Shares are traded back and forth by insiders on high fabricated volume to distribute them at lower prices. Once the shares are accumulated at low prices, they fabricate positive volume to raise prices and generate buying pressure through promoters [9/5, 9/6, 9/12, 9/19, 9/20, 9/24, 9/25, 10/3, 10/11]. On October 10 and 11, shares were accumulated inside at .0004 en masse. What this means is promoters will be back in action over the next couple days promoting the stock as the insiders dump at .0005/6/7. This is the 'bounce' the promoters are referring to. All of the other higher volume days can be regarded as outright dilution for funding the re-purchase of the shares at the lower prices on the high volume days. WASH RINSE REPEAT AT .0002 FLIP TO .0003/4/5 next week.
This is felonious trading activity which will ultimately result in a Caveat Emptor designation. Be aware of this sort of trading activity. While it may be easy to pick up on and profit from, it is very risky and could yield devastating results.
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