I looked at the numbers of the last two weeks and I'm 100% sure, the volume was NOT made by daytraders/flippers ONLY:
6/13/07 - 6/19/07 – high: 0.0195/low: 0.007
4,448,879
5,559,758
1,705,930
4,327,233
4,654,779
20,696,579
6/20/07 - 6/28/07 – low: 0.0095/high: 0.02
1,120,499
2,696,700
1,039,106
1,470,497
4,280,048
1,248,752
2,229,471
14,085,073
If we assume about 20,7 mio shares were sold to traders/flippers until ACMG reached its ATL of 0,007, only 14mio shares were sold until yesterday.
More than 100% gain and a daytrader/flipper wouldn't sell in uncertain circumstances like these? I don't believe it, not enough volume IMHO.
So again my question is (I know, I ask this since 0,05...lol):
WHO was buying most of the shares of the 20mio shares, when ACMG went down - and WHO was buying most of the shares of the 14mio shares in the last seven trading days?
Or does anyone suspect there are some bigger traders, who try to manipulate the stock, like shown in the link by MrBigLoser?
Have a nice day!
