Saturday, February 17, 2007 8:19:07 PM
The stock was at 0.041 and giving all indications of going higher. Then, MMs started dropping the price while trades of higher than ask were going through. They did this until the price reached 0.035 or so. By that time, investors were spooked and began selling. The important point is that the drop was initiated by market makers manufacturing the drop by lowering the ask on buys. Investor selling did not initiate the drop, MMM did.
See what I've been up to:
http://uwlungman.page.tl/
SANUWAVE Announces Reverse Stock Split, Note and Warrant Exchange, and PIPE Offering • SNWV • Oct 18, 2024 9:31 AM
Vocodia Addresses Recent Stock Price Movement and Future Strategic Partnerships • VHAI • Oct 18, 2024 9:00 AM
Mass Megawatts Announces the Start of an Online Discount Solar Energy Equipment Business with Revenue Recognized for the First Time Since Year 2010 in this Fiscal Quarter • MMMW • Oct 18, 2024 7:32 AM
Unitronix Corp Advances DeFi Innovation with Tokenized Real-World Assets Integration • UTRX • Oct 17, 2024 7:38 AM
Mass Megawatts Commences Solar Energy Sales Efforts • MMMW • Oct 16, 2024 7:45 AM
SANUWAVE Health Announces 1-For-375 Reverse Stock Split • SNWV • Oct 16, 2024 7:40 AM