Friday, November 15, 2013 4:45:30 PM
Could easily be seen on the bid/ask this afternoon when the ask size was at one time thirty-five times the bid size.
A large quantity of stock was offered at .0173 but only a fraction traded at that time.
These flippers are stuck. Expecting to make a quick buck as the stock passed .02, instead they are now faced with the simple truth that momentum has died and the price is relatively stagnant in the .017 area.
So as any good flipper will do, they must now dump some of those millions of shares purchased earlier this week and move on to the next great opportunity to make a quick buck.
Never look back at the damage they caused (and this problem is most definitely one that affects CAPC stock!)
All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident. - Arthur Schopenhauer (1788-1860)
Recent CAPC News
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- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/14/2024 08:42:47 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/14/2023 04:55:51 PM
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