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.
Recent SKYI News
- Form RW - Registration Withdrawal Request • Edgar (US Regulatory) • 12/15/2023 07:15:14 PM
- Form 10-12G - Registration of securities [Section 12(g)] • Edgar (US Regulatory) • 10/30/2023 02:57:22 PM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM
Bantec's Howco Short Term Department of Defense Contract Wins Will Exceed $1,100,000 for the current Quarter • BANT • Jun 25, 2024 10:00 AM