Wednesday, December 03, 2008 10:44:41 AM
I disagree, I do not think a sale of 2,000 at the bid affects anything. For a good deal of time from about .22 to .18 or so maybe a bit lower I don't recall exactly, I was the seller and I sold I don't know 20,000 shares. I greatly clobbered the bid and my agenda is entirely personal: It just seemed to me this was dead money and I could buy it back lower. I finished about two weeks ago so I have two weeks left for the 30 day wash rule as I'd say my average buy price was around .27 until I can buy back. I've been around bulletin board stocks forever and forever I leapt aboard all the conspiracies of MM manipulation, shorts whatever. What I've learned is that most of the time it's just plain old selling and sellers have different reasons but they're still legit sellers.
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