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Tuesday, February 05, 2013 3:17:38 PM
Someone buying that large a block in one go means someone is hoping to flip a lot higher - at least 0.0006 to double their money. Also, 13m bought at 0.0003 is $3900 which is a much larger investment.
The odds are that someone putting that kind of money in at this time is expecting a quick sharp rise to realise their profit or might be working with a group? Who knows?
But I'd expect us to move much higher than we are at the moment, or this 13m buyer will loose. Those buying that much in one go, usually play to win.
Please note, the above post is neither a recommendation to buy or sell the stock. Everyone thinking of investing in a company should always conduct their own due diligence, to satisfy themselves, according to their own investment criteria that each compan
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