InvestorsHub Logo
Followers 6
Posts 1428
Boards Moderated 0
Alias Born 03/15/2005

Re: notanindex post# 16370

Sunday, 01/17/2010 7:47:32 PM

Sunday, January 17, 2010 7:47:32 PM

Post# of 19550
For just minutes the Stock was at 0.23 and now the statistics will show the 52 Week High at 0.23 - what a joke! It looks suspicious. We all know that if we put those few minutes aside (and the very little amount of shares purchased at 0.23) the 52 Week High would actually be the 0.13 price, and even that price might just be short lived also.

The Trading Activity for the last couple weeks is one that shows that someone (or the Company itself) is portraying the role of a "Cautious Buyer" - The Volume at the Price increases were consistently limited at about 300K for all Three of these times.

It might just be that this "Cautious Buyer" had the plan of Buying 500,000 to 1 Million Shares Total, and was not planning to buy it all on the same day - as we saw the Volume of approximately 300K at various trading days. And we see that towards the end, to make the Stock more marketable, a Small Amount was Purchased at the Much Higher Price (0.23), to create the Perception that the Stock could trade much higher than the current BID/ASK of .07/.13 - We see that Tactic Very Clearly.