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Saturday, May 09, 2009 4:13:55 PM
There is no volume here, to generate 5 million volume day this will have to cross 0.03 range because the stock never ever had that kind of volume EVER !, very rare event,
Are you kidding me 5 million shares?, this stock has very thin float, very thin and that is why the gains look like 40-50% even with 0.001 climbs, but again 1000-2000 dollar transaction gains have no meaning..add to that as soon as someone puts buy order MM increase the ask significantly discouraging real buyers and hence no one ever invests in this crap, who will pay ask 0.005 with bid 0.002 ? lol
the market makers have effectively destroyed this stock with 50% difference between ask and bid, that is why several days there is no volume. Unless that happens the stock is worthless and all these little 0.001-0.002 gains mean nothing
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