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Re: 1kerala post# 6843

Thursday, 12/22/2011 3:36:29 PM

Thursday, December 22, 2011 3:36:29 PM

Post# of 13295
The price should have gone from .0001 to 1.00 a share, but for those who were paying attention to it during the no trading period following the R/S they would have seen on the L2 that NITE was the only one on the Bid and Ask for several weeks prior to regular trading resuming and had several trades go though of around 500 shares each that dropped the price all the way down to .05 a share before regular trading resumed. During that time when NITE was the only one on the L2 they had the bid at .05 and the ask at 1.25. So more or less this thing is already way in the hole following the R/S and the previous pre-split shareholders were screwed over by the company big time. Not saying this ain't a good play for some right now, just BE CAREFUL because this company is going to do whatever they can to sucker you out of your money.