InvestorsHub Logo
Followers 4
Posts 210
Boards Moderated 0
Alias Born 12/17/2007

Re: HardMoney84 post# 36500

Wednesday, 01/30/2008 1:18:53 PM

Wednesday, January 30, 2008 1:18:53 PM

Post# of 97598
reason for the price drop?

Thats because we all have "buy" orders @.077 and the MM's decided to go ahead and sell you some shares...

or maybe someone decided to dump 1million shares fast

So as this sale works its way through the system some of the sales are to other MM's and when thier are no more sellers...we should see price back up....the buyers will drive the price back up to the .09 average and the MM's will sell some of the shares they accumilated today tomorrow.

This action today is clearly someone with a big position that wanted to sell..