InvestorsHub Logo
Followers 7
Posts 264
Boards Moderated 0
Alias Born 12/06/2013

Re: Bmd713 post# 42693

Thursday, 04/26/2018 4:52:59 PM

Thursday, April 26, 2018 4:52:59 PM

Post# of 59919
Company buy back maybe in process. Look at the trades today. Every time the .0003 trades started to run strong and ask was shrinking, someone repeatedly sold 5,000 shares at .0002 to paint the last sale down to .0002.
5,000 sale at .0002 is a $1.00 total gross sale. Typical paint down when someone is trying to accumulate a large amount. Usually the opposite true in pennyland dump millions into the bids and then immediately buy a trivial amount at ask to keep last price reported up.