![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Wednesday, April 04, 2012 12:40:44 AM
Only 45,000 sold at 0.0022. $31 profit. LOL
If that trader booked a good profit on a percentage basis, however small the dollar amount, they've achieved their goal (profitable day trade). Granted they haven't made a fortune, but I'd guess that the prospect of a small gain was better than being trapped as the price declined.
As a reminder of how rapid the price collapse has been:
Currently MWWC is trading around $0.0020 (lower trading range is starting but we'll use this as a data point)
In early March MWWC traded around $0.0060
In early February MWWC traded around $0.0090
For all the big name clients, this is an increasingly risky stock to consider acquiring or holding.
If the TA is gagged you can bet it's not in the shareholders best interest.
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