Mirrored trades abound. Good sign
MM's mirror trading the pps all day. MM's buying @ .009-.001 all day long. From some posters, to say big block trades occuring is inaccurate. 1-3M share trades ($900-3,000) trades is small time traders getting out because big upturn did not occur within a few days. 20-50M is a big block trade at this pps.
So many traders have no patience and want instant gratification and a huge upside to pps or the stock is a pos in their minds.
Completely wrong IMHO.
PPS is basing @ .009-.0011 for last few months and MM's been playing the intraday range. Numerous times to test MM's have placed bids higher than the current bid and passed up for lower bid. MM games so clearly to keep pps down shortterm.
Also, to have such a small total O/S and A/S count is positive as well. Co. proceeding with online sales of Flexogan and has other products that are widely accepted, especially in Asian markets. CEO know this and recent trip to Hong Kong will prove productive. Plus, her connections to Asian markets is strong!!
Best Regards
Not a buy or sell recommendation.
