Certainly a good question. I watched the HOD go backward 4 times. I have seen corrections before of course but nothing like that. Time and Sales does not show these corrections either and they usually show a 0 sale to account for the correction.

Actually I sold at .65 since my cost was .20 after the split. I am already back in.

It is a terrible shame that so many people threw away their shares at .10 and .08. This should be trading well above the .65 that started as low ask on January 7.

I still had 290 shares left from the last R/S. Was there any dispensation for holders of less than 12000? Or as I suspect will that turn into .024166666666 shares?

I have been here since May, so lt us hope it will be sometime soon. Like maybe before 2009.

I think you are correct. Anybody getting out should be gone by then.

A market maker.

We need SBSH to get out of the way, then it will go crazy.

Most daytraders are getting out for the weekend as usual. They should be done soon.

I use Lowtrades and had access to my shares by market open yesterday. I simply called my broker who called the clearing house (Penson Financial) to verify the symbol change and resuting shares after the R/S. Trying to sell less than 3000 shares is hard unless you route through NITE. They seem to be the only ones capable of trading.

SBSH is stopping runs all over. I am watching 7 different stocks that were making nice runs until they stopped them cold this morning.

There had to be a reason somebody bought shares at 49.50 a couple of weeks after the r/s. Nite sat at 50.00 ask forever until somebody broke down and sold to the bid at 1.01.

When I looked at this SSGI was at .002 on the ask. If they had been anywhere near the current ask I would not have bought yet.

SSGI will try to kill the run.

Yahoo shows O/S 271.23 M
Float 150.25 M
Insiders 53.82%

Pinksheets: same O/S

What the hell just happened??

If I read the PR correctly it said the week of Dec.3 and did not give any specifics for day or time.

That is Legacy Trading and they are definitely retail. Small brokerage.

I have Quotestream by QuoteMedia through Bloomfield Investment club. It costs 43.99 mo. but it really is very good and dependable. You should visit the Bloomfield site, sign up (it is free), and enter the stock picking contest. The winner gets between $100-$500 depending on the number of entries and a free month of Quotestream.

The reason it looked like a market order is because it took out 5 different MMs one after the other in ascending prices over 3 minutes in small batches of 1 each.

That looked and acted like a market order for 40K. Now that is a risky play. Someone wanted in badly.

A very tough lesson indeed. This is truly disappointing.

Looks like someone decided they were tired of their 200 million shares.

Quite likely you would be charged the .0005 but the trade will show at ask of .0002.

Paid bashers selling $6.50 worth of stock. The only purpose behind that is to try to get a panic started. With the business plan laid out in black and white they know this is pretty much their last shot. These are the same people that purposefully crashed the recent run.

Too bad !! That is why I waited for it to settle also. But I know the broker agreements allow them to do whatever they want to get their money back if it was to get reversed. That is precisely why I cleared it with my broker before I used any of that money. I am sure you expected it just like I did, I just got a little luckier I guess. Best of luck to you in the future.

jagram

Yes, but I waited three days for it to settle first. They could not tell me much other than it was a bonafide sale. I never could find out why it did not show up in any trading history, but the order had been placed through my broker in the first place. It was very sweet.

They have not cancelled that trade at .0295 yet if that is what you are referring to. Whoever was on lowest ask got it.

That is reminiscent of AECS. I had a sell in at 4.35 and was bought for 49.50. It never showed up on any trade tracker but I got paid. A trip to be sure.

Could be because YOU are the only one still posting the same question after Matt has repeatedly said he was told that an R/S was not an option. So let it alone already.

Believe me it was more than 'almost disgusting'. It was ruthless and relentless. The worst part was it started on the second day of high volume just as the high of the day was reached at .032. A lot of people averaged down when it hit .0009. After that it was only a matter of time. But 1 person bought 100 million or so at .0003 over a couple of days, I do not know if he got anything for his shares but I doubt it. They kept up the PR blitz through it all and I think quite a few people averaged down again at .0001. After a couple of months of .0001 and no bid, I stated the obvious...the next step - R/S. I was lucky enough not to have many shares so I keep my 290 shares (worth .06) as a stark reminder of a really poor decision.
Good luck to all.

The power of fear is just fantastic isn't it. Plant a thought of doom and gloom, then come back often enough to hammer at it until the desired result is achieved. Congratulations to the bashers, I wonder what sequence your orders to buy at .0001 are in.

1000 shares at .0011. And so the games begin again. Someone is sure dead set to keep this down.

If you are trying to say that is a buy, it is from your broker so of course it is a buy and not a sell for you. The buy and ask numbers referred to are market trade data. Someone dropped below the ask to sell to your bid, this really should not be confusing.

The question now is who blinks first.

Of course it does. The problem BUNM suffered from earlier this week was a concerted effort to put a stop to the momentum that was driving the price up. Too bad so many had to suffer from the meanness of a few. Just when the MMs were on the run too. That was not just normal flipping or profit taking, nobody sells below the ask on a hot moving stock with buyers hitting the ask hard without an agenda.

Anybody that got filled at .0002 yesterday was considered a sell because that was the bid not the ask. This quote is from the Level 2 education board. Lots of folks should take time for a visit.

Q: While watching Time and Sales, how do you know if a trade was a buy or a sell?
A: A trade at the bid is considered a sell. A trade at the ask is considered a buy. A trade in the middle can go to whichever is closer.

Vert got all the shares they wanted at 2. That is why they went to bid 1, ask 3.

Tough day. First the bid-whackers that could have easily sold at 5, there were plenty of buyers. Then they immediately post 'I am out but will buy back at 2 in a couple of days' just to shake knees and bring it down to their desired level. Then the bashers, sour grapes mostly. And let us not forget to throw in the inevitable cry of 'dilution'. More likely those 83 million were covering from MMs who had borrowed the shares earlier in the day to sell at 4. Nobody is naked short selling right now, too many eyes are scrutinizing trading activities right now, and no Market Maker wants to be the 'example' of SEC rules enforcement under the new stipulations in effect. IMO of course.

As all the selling at 4 took place the ask was 5, it looks very much like a group play with an agenda. Of course they bid-whacked until the bid dropped to 3.