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Re: dlballa post# 721

Wednesday, 08/03/2011 11:34:44 PM

Wednesday, August 03, 2011 11:34:44 PM

Post# of 944
There was no demand.... You obviously aren't not aware of how many scams are played in this arena every day. Scams played by traders, by CEO, and by market makers.

In this case, there were a few traders who found a stock with very little shares available to be bought. Together they bought most of the shares and thus the supply went down. Basic economics says when supply is down price goes up. Pretty obvious the price went up today.

Since there was nothing to indicate that the company is doing anything but sitting back and picking their noses (inidicated by no prs or financials) the only logical conculusion to make is that the stock is being manipulated by a few traders with some money to play with.

RCYT skyrockets and all the noobs come running when they see the 2000% gain. They think to themselves .... hmmm if it went up 2000% today ill buy now and get 10,0000% tommorrow.. then I'll buy a ferrari and and that new yacht i had my eye.

Next day comes around and the pps tanks because all the players who bought a bajillion shares on TUESDAY are going to sell on THURSDAY.

Watch and learn. School is out.

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