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Re: None

Thursday, 02/12/2015 12:10:07 PM

Thursday, February 12, 2015 12:10:07 PM

Post# of 106838
Micro sell order- just cut the imaginary "30% gain" in half, just like that.

Looks like it wasn't even maybe a $500 dollar sell.

And the stock had been flat-lined, no trades for about the past 1 hour.

That's called "ill-liquid". That's how these MM's "do what they do" on a thin traded nano-cap like this one.

They just used a single $500 or so to whack 15% off this in a blink. It's hard to tell if the trades are even retail have the time- or just some trading desk trading both sides of the Bid and Ask IMO.

I don't think this has seen the last of the sub ONE CENT days by any stretch. It's just got no really buying pressure at all- and hasn't for a long time now. It's been in a sustained 9 month plus downtrend and no sign yet of even close to a reversal of that has happened yet.