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Tuesday, April 26, 2011 8:48:21 PM
Also, promoters don't need to buy the stock to push it upward. If they just plop down a giant bid (one that dwarfs all others on L2), usually behind the buffer of some slightly higher bids, it looks like a floor to investors, and support from real buyers gathers around it (or just on top of it). Then they raise and repeat.
As an aside, ALZM started with a $800,000 budget and later increased the budget when the stock was in the 1.60s. So AVVC's current advertised budget is not necessarily final (but also not necessarily accurate or believable either).
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