InvestorsHub Logo
Followers 1
Posts 103
Boards Moderated 0
Alias Born 11/07/2011

Re: None

Tuesday, 11/15/2011 12:46:05 PM

Tuesday, November 15, 2011 12:46:05 PM

Post# of 67010
There is some serious manipulation going on here. Immediately after the sale of a lousy 195 shares by someone at .0001 (for a whopping net of 19.5 cents), the stock later went up to .0002 with a 5000 buy, but the ask did not budge at all - it stayed at 3,955,000. Now, the ask is about 20 million as someone seems to have an endless supply of shares at .0002. So, they got them at .0002 and want to sell for no profit because they certainly didn't get them at .0001. If they did, they sold 5000 at .0002 after a purchase (luckily) at .0001. My question is, does anyone have a clue as to what is exactly happening? Is there is legitimate reason why someone or some brokerage firm is even interested in minipulating this stock from .0001 to .0002 and back and forth as they are doing?
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.