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Re: splintered sunlight post# 50

Thursday, 01/27/2022 2:12:49 PM

Thursday, January 27, 2022 2:12:49 PM

Post# of 152
Last week someone posted on here they saw 2M shares being bought and there has been no news. Why the mysterious buying?
Yesterday, a penny stock promotion notice was sent out hyping up a secret play to be announced today.
This AM another article was released announcing this stock as a winner, etc....and if you can watch Level 2 trading....the Ask had large chunks of shares for sale. Once they got bought, another large chunk would show up slightly higher.

This is typical behavior of a pump and dump. At least the shares were not "dumped" on the Bid. But that can still happen in a few days if the volume dries up.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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