InvestorsHub Logo
Followers 0
Posts 1023
Boards Moderated 0
Alias Born 10/11/2015

Re: tste9 post# 21917

Monday, 05/23/2016 3:07:52 PM

Monday, May 23, 2016 3:07:52 PM

Post# of 46836
Stark and TSTE:

TSTE

Not a big spike. MM's are trying to rid the equity from the convertibles.

Look at the past 2 weeks. Seen high volume. Alot of gaming going on with the MMs right now.

Don't chase this stock, no reason, they are trying to sucker people into bidding up so they can dump the converted equity at higher prices.

Stark:

You are reading the ask which is 'fake'. The MMs are trying to get retail to chase this stock. The majority of volume today was at 0.013 and maybe 200k shares have moved since.

This is gaming, and I am sure people are going to chase this. This is called a 'head fake'. Don't fall for it folks.

I am happy its up but I don't believe for a second it will sustain. Low volume moving it from 0.013 to 0.05.

Personally think they are trying to sucker buyers in to get rid of the shares they have left.