They slammed the bid in the last 20 minutes. Been happening a lot lately. I would not be surprised if Isaac Organization asked for more shares soon. Retail holders don't stand a chance. Isaac and Ironridge are probably banking on VelaTel missing their payment for China Motion and the deal subsequently falling apart. Any meaningful bid is blasted away. The stock trades like there are 2 billion shares when in fact there are less than 300 million.
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.