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Monday, 09/20/2010 10:14:44 AM

Monday, September 20, 2010 10:14:44 AM

Post# of 10093
Im new to stock trading,and was wondering if anyone could explain something to me. Why did i just see a purchase of 10,000 shares (ten dollars worth) at .0013 when the stock was sitting at .0014. This person surely isn't actually purchasing $10 worth of that stock, right?( are they doing it to lower price so they can buy?) Also, why doesn't someone just buy 5 10$ blocks of shares at increasing price (which will amount to very little cost to drive up the price of the stock?) illegal or obvious to seasoned traders? would it work in some way?
Like i said, im very new, and even a simple response would help..
Thanks All!