HPIL Holdings (HPIL)

[justinbailey]

Been watching L2 for the past year, EVERY SINGLE TRADING DAY since .0002 bid was the norm. What I've seen especially in the past few weeks is the bid having (consistently) 10m+ up to just over $100k at times. IMHO, there is a whale on this play who is always generating share inventory. The times we have let's say 15m bid @.0028 and 10m @.0029, that is whale creating that 1tick spread by playing both sides and selling previously bought LOWEST COSTBASIS shares. Having bought lets say 10m @ .0026 in days past and selling at .0029 is a cool 3000bucks. Do that daily, selling 50m+ shares can make serious money. Whale doesnt care how low this goes. All just my opinion, again based on seeing the same strong bid soaking up shares. Smalltime flippers dont throw 100k on the bid. Collectively maybe...but ever since we went pink yield? Not likely.