InvestorsHub Logo
Followers 20
Posts 3986
Boards Moderated 0
Alias Born 05/21/2004

Re: None

Thursday, 10/16/2014 10:12:52 AM

Thursday, October 16, 2014 10:12:52 AM

Post# of 53980
As we continue to post all the "exciting possibilities" on FASC ( of which I do not deny),the fact is that 100,000 shares traded at .0062 this morning. That is NOT market maker manipulation. It is that no one is excited to buy or buy more of the stock, so 100K is picked up at a trash barrel price.Thank goodness the MM brought us back to the current ask of just under .011, but on a token, tiny MM transaction.

The reality is that suppliers, current FASC holders, etc. are not buying this stock. It has a severe risk. And this risk I want every new poster to be aware of--as there is a very valid reason that we are down in the dump area as to what people will pay. There is considerable "talk the talk" here, but very limited "walk the walk"--or sticking one's neck out and buying or buying more. With that said, I remain bullish at these prices, but anyone buying should know that the other side of the coin is there, and the market itself looks at both sides. Both sides ended up with a large .0062 transaction. Dave

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.