Strategic Global Investments, Inc. (STBV)

[StockJesus]

On my chart I show it happened on:

3/10: 1B volume
3/20: 575M volume
3/24 it dropped to .0001 on it's own for part of the trading day
3/25 it closed at .0001 on it's own

3/26 and 3/27 it rallied reaching .0005, so keep in mind this occurred after 4 instances of .0001 sales, 2 being under the bid

4/16: 1.46B volume
4/21: 581M volume
4/22: 898M volume (today)

I will be honest when answering your question about sales under the bid, I don't know why or how this occurs in any instance, in any stock. I've seen it before both in penny stocks and in Nasdaq / NYSE stocks. I've asked this myself prior and the only answer I have ever received was that it was a pre-arranged sale. That never added up for me however.

To answer your second question, do I think it's a coincidence, yes I do. This stock could very well go to .0001 / .0002 this week. But I don't think under bid sales at .0001 are not a precursor to that. I think the action on 3/26 and 3/27 is proof of that.