![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Wednesday, October 05, 2011 1:27:35 AM
Ive seen a scenerio like this occur with other penny stocks, mostly with companies with no hope and, of course, on a much larger scale than this. I don't actually believe this is the case here but wanted to get some feedback from fellow shareholders.
Perhaps Tuesday's pre-market action could have been shorts closing out their positions before some big news. Just a thought. Or I feel I must mention this might have been the company diluting more shares onto the market to MMs at a discount. This could be easily discounted by a call to the TA, but IMO worth a mention. And of course, and most likely, this was just an individual wanting to get out at whatever price for whatever reason. Not sure any of this is the case, but Im just throwing out wild possibilities.
I added 25k on Tuesday @.0103 and will likely add if we see any drop from here on out. I believe these low prices are an extremely good opportunity just concerned with what looks like unusual activity here at CMEY.
Not alot of activity. Around 450k shares traded combined in the two instances in question. Im sure Im just overthinking this. Maybe its just me.
Not trying to bring any negativity to CMEY at all, just would like to hear what others think about this.
GO CMEY
jmo
MIKAL
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM