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Re: tomm1948 post# 16571

Tuesday, 05/05/2009 1:34:17 AM

Tuesday, May 05, 2009 1:34:17 AM

Post# of 41086
Uh some might want to bone up a bit on how penny trading works. Yes, selling at the ASK is how stocks are dumped. You wait for volume....you dump it (pps) down 10% or so and then sit on the ASK while all the buyers think they found a pot of gold. Then, if you're real smart, at the end of the day, the question should be...WHY did the price go down with all the buying pressure on the ASK? Answer...because the person sitting on the ASK had large amounts to sell and was more interested in selling than letting a price come to them like a flipper would. They dump it down below the flippers and make it look like the buyers are "getting them cheap." LOL

And one more time for the newbies. The DILUTION occured when Greg bought the IGTP shell and increased the O/S and free float shares. The question is who owned those free float shares from the beginning and are they selling them now? It's not rocket science dude!!!