Friday, November 19, 2010 12:41:33 PM
The 4 trades for 25 million were at the bid price of 0.0003 which is how the company dumps shares. They look for someone who thinks they are getting a good price buy buying at bid. It has been that way for a very long time here.
The 250k buy after those trades was at 0.0004 thus "raising " the quote to 0.0004.
You could probably put a trial big share order at 0.0002 and if the company needs the cash enough they will grab it. Probably not today though 'cuz they already hooked their sucker
"My money last longer at Foxwoods than here"
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