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Re: peteypickem post# 26458

Saturday, 06/18/2011 6:36:23 PM

Saturday, June 18, 2011 6:36:23 PM

Post# of 54312
All Im saying is that if nobody bought at the ask they wouldn't (possibly) have ammo to drive it down with. It doesn't really matter as it is just idle spectulation. Although I have seen entities behind the curtain do exactly that, put up a block and as folks bought at the ask and cleared it, moved the bid up accordingly. Presumably orchestrated by the company or representatives. It brings to mind the famous Spongtech fiasco whereby they would use this technique to squelch the falling knife of plummeting PPS. It is a viable alternative to HNSS, they were inquiring into repurchase of shares at a lot higher PPS than here! That has heroism written all over it, not to be confused with quietly buying blocks at discounted prices that a business man might do...