Altitude International Inc (ALTD)

[Big Brother]

I like the volume as well, 3 record volume days in a row for this ticker....but....that volume has come mostly at the bid. So the big question is, is this a loading phase, or adding liquidity in advance of a run.. or.. someone who just got a boatload of shares @ .07 who is happy to sell them @ 12 - 14 cents...I've seen both scenarios in these types of situations.

Without the seller this would already probably be .25 or .30 or more, but with a huge spread, as there aren't many shares out there, only 190K had ever traded.

idk, personally I'm not crazy about the way this is trading right now, you should never kill the momentum for the sake of adding shares into the market, if .14's are getting bought up, you don't turn around and whack a bunch of .12's.

Then again I've seen a situation, on a ticker similar to this, where there was a .15 cent wall, and several hundred thousand shares were sold at this level, then the wall was removed, a promo kicked off, and it ran to $1.25 in one day....so who knows.