Thursday, May 15, 2008 4:25:18 PM
1.4 million shares sold off at .0004 at close for what $5600 right? In the morning about $6000 was bought for 0.0032 before the major run happened. It looks to me like someone just recouped their costs and can basically pocket the 30% free shares.
They could have sold for more, way more, but they wanted the price cheaper as they maybe just a bit short. Who knows?
To me I find it interesting to see the same approximate $6K used twice today. Once to cause the 68% runup and at close 6K used to cause the days gains to be in the 30% range, instead of the 45% amount.
My question is what happens if this 6K is bought and held, or better yet, if investors buy the 13 million daily volume at 0.0004 for $52,000? At some point that float will run out and from there the price will have to move up with stronger hands. Get new investors to buy a few days worth of volume and see where we end up.
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it did a little reversal in their downticks.
BLDV.PK 3:53PM ET 0.004 0.001 29.03% 11,486,497
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