That's how the toxic debt guys do it. Wait for a big bid then slam it before it even hits the tape.
These guys are good at screwing over retail. I wonder how much of yesterday's $.0015s and higher they managed to dump.
Since they now cover at $.00046, that's a 200% profit on yesterday's sells and 130% on today's.
“No one in this world, so far as I know — and I have searched the records for years, and employed agents to help me — has ever lost money by underestimating the intelligence of the great masses of the plain people"
H.L. Mencken