Minerco Inc (MINE)

[DCALongRun]

Could be that some brokerages (playing the role of market makers) are buying it up since it is traded so much and then selling it back to the flippers and new investors. The good thing is that brokerages such as Scotstrade allow this sub penny stock to be purchased. Meaning that the company is not in more debt than its assets. If things going according to projections in the business plan we will be laughing at these small up and downs of sub penny movements a year from now (.05 to .10) next year in 2016. Stock holders of record could get a coupon 1/2 off for being loyal stock holders next year. There are 200 to 500 trades a day with this stock.This is an indication that most folks on a daily basis are flipping this stock. Accumulation has trailed off a bit according to this chart.

chart link