Clever manipulation of GIFX shares by Market Makers. No news or other motivation to drive GIFX share price, so it has to be manipulation.
Exactly !
Moreover, and more importantly - is the Bid is fake as a broken wooden nickel and non existent.
$200 to $500 lousy bucks of these worthless shares (no market maker is going to get stuck holding even $500 worth of this 3 year faux reverse merger CAVEAT EMPTOR and SKULL & CROSSBONES shell-con crap) just $200 bucks being dumped into the faux Bid and this POS craters 40% or more in a NY micro second.
It did it twice just last week with INSTA 30% to 40% mega drops, tagging 3 CENTS from the fake-pump phony Ask of .05X = ultimate trap-n-con fraud shell corp with TOTAL ill-liquidity and thus a dangerous trap-n-con prototypical off-shore OTC scam and fraud !
Buying this POS = a total OTC scam as ill-liquid as drying concrete = the widow maker lose all proposition of all gray sheet trash :)
40% losses in 30 minutes or less from the fake Ask to the phony non existent Bid :)
Posts contain only my amateur opinions, personal views and thoughts. I discuss stocks as a hobby only. Always do one's own due diligence before investing.