Wednesday, June 08, 2011 11:50:07 AM
Have you ever noticed how a pink with no news can move up over a month into pennies without a PR... then a bogus PR comes out and new money flowsin like a dam breaking...
Well, what I think is one big share holder drives the price up a little each day (usually a pink owner) then the day of the PR, he unloads to new money. The guy just cleaned up.... then the stock drops over a couple weeks back to trip 000s and he spends the next 6 months buying back all the float at 000s. And starts all over.
Thats illegal, but for us as share holders to stop flipping or adding below the bid is smart,
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