End of day spread means squat...if you actually look at the entire days trades you will see what little volume sold on the .009's and what sold in the .008's...so this isn't a pump but moreso a strategic dump and UNLESS you have bought a million or so shares and IF that buyer was actually able to sell it a higher level...even say .002 then sure you can make some penny flipping profit...gotta have balls to do this as what you buy doesn't mean you can sell. I still can't believe that a company with this distribution of such a quality product is in the sub penny level...it really is pathetic and only one fella to blame!
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.