NeoMedia Technologies, Inc (NEOM)

[WovenO2]

ilivetotrade:

Pure dumpage into whose hands? That’s the question.
Just over 15 million @ .0005 with only 7 minutes till market closing…and L2 bid share amount remained the same @ .0006 with equal buy/sell amount swaps posting as “sell” only…ie no buys.

“…but sometimes it is someone playing games. Think: if you have a LARGE bankroll and have multiple brokerage accounts and want to accumulate cheaper shares.... You know many retail investors watch level 2 and the tape like a hawk... You can pick which MM to sell to below the bid, lose a little $$ (or break even if it's another trading account)... Meanwhile, retail investors panic and sell in droves when they see: X amount of shares went below the bid!! Time to get out!!! OMG. I don't do this but have heard of it done and it's usually a bullish sign..... " Raging Bull

That why it’s a bullish sign.

Again…jmo