Vita Mobile Systems Inc (VMSI)

[Steponit]

Nah, it's just volatile. There are MMs such as CDEL who will occasionally dump to try to push the price down. But you can just sit there on the bid and let them dump into your hands as a way of accumulating. But then they might dump 100 shares into your hands and then you have to pay for a trade for a lousy 100 shares. Once it starts to move up though, there may be nobody at all to sell to you, and you might wind up chasing it up. I think the ups and downs lately are kind of irrelevant compared to where this should be going someday. I'm thinking it goes up in multiples of where it's at right now. But it takes some patience.

What some people do, and I have done occasionally, is to put in an All Or None order somewhere between the bid and ask, and just sit patiently and hope someone sells into your order. For those tiny 100 share bid dumps, they can still sell lower than where your AON order is. But at least if they do, you're not stuck paying for a 100 share trade. It works if someone happens to dump some amount of shares that's greater than what your AON order is, but not if it's less than that amount. Like if you put in an AON order for 9K shares, and someone attempts to bid dump 10K shares, you should get your 9K shares first, and then the remaining 1K get dumped to some lower price. When you put in an AON bid though, nobody can see it. So it kind of sucks for the rest of us because it looks like there is no bid support, when there actually is some.