It appears the stock was pumped by quite a few newcomers on Wednesday and you didn't find many (if any) of those people posting today. Those who spontaneously show up profusely pumping one liners are normally gone in a day or two taking as much profit out of the stock they can. They could have been a buying club like Tim Sykes' who watch for stock ascending too rapidly. He and his followers then descend upon a stock to pump it up and quickly sell within a day or two leaving all the honest investors buying during much the run up with a loss. Tim justifies his action by saying all Penny Stocks are scams and should be put out of business, but the fact is these people would do anything for money. They are not the type you would want fighting beside you in a foxhole.
Then we also have those who, for whatever reasons standing behind their agenda, attempt to drive down stocks, e.g. Buzzie, Brian39, OTCdoc, NewPontiac and KaiserSore. No doubt these guys can scare off investors, but have a hard time looking at themselves in a mirror. Money is not worth that.
Then we also had some longs selling so they could buy back lower, and I won't say much about that other than it obviously does the pps no good and helps scare investors off.
Many reasons for the selling but the common denominator is excessive greed.
AI
