Thursday, May 19, 2016 10:46:49 AM
Sadly no one is biting right now for our convert holder. They have a nice bid in there at .015 and their ask at 0.0157
0.015 / 0.0157 (70300 x 78000)
The difference if the seller would drop their ask to hit that bid is $49. Why won't the seller just take that bid out? Oh that's right, because the bidder is the same group as the seller and they don't want to hit their own bid, they want you or I to buy above .015
:)
As I said, spoof - this is how you create a floor for the stock - fake orders.
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