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Re: janetjackson post# 750

Wednesday, 01/30/2013 7:22:45 PM

Wednesday, January 30, 2013 7:22:45 PM

Post# of 13824
I'm trying to understand how they/he/she works their game.
It must be the person who is showing on level II 314,000 shares for sale at .047. This serves as a deterrent to price increase and can deter others from buying when they see this large block for sale at such a low price. Then this person by showing off their large volume ASK block is counting on being able to then keep buying up more stock at a level below the .047. Several hundred thousand shares have traded since this person put up and advertised that block. So this is the greed.....to keep the price from going up so they can keep buying low.??? I can't believe that the block is being placed by someone who really wants to sell 314,000 at .047. That would mean they don't care about making a profit. The price was much higher a few weeks ago and then this large block appears. Go figure??!! I'm likely way off on this but it' so crazy and puzzling.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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