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Wednesday, November 08, 2017 12:15:39 PM
1. They could have acquired x amount of shares and are slowly releasing them back into the market, selling when they are required to.
2. Someone, maybe some hedge fund (yes they do allow for buying penny stocks, especially with this potential) are slowly accumulating.
3. MM's are playing their normal reindeer games, slowly accumulating for the when the PPS rally takes off, then they will slowly release shares, thereby making a profit all the while keeping the market liquid.
There is not enough spread not volume for flipping right now for pennies. There are way too many other stocks for this.
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