Monday, November 18, 2013 8:33:15 AM
Most traders are clueless when it comes to how MM's work & make $ $$$.
If Peter is really buying shares back (HAS LOW BIDS AT LOW PRICES) & nobody is hitting the ask
the MM's are allowed to cover the bids EVEN THO THEY DO NOT OWN THE SHARES. (they are allowed to create a MARKET if no one is buying) which would explain the huge volume & the price decrease.
it is a real possibility that in a few more days once the 300 mil shares are bought we could see a huge run to .015 & then with the news of the buy back see .05+
wouldn't get out yet & possibly load at lower levels.
I really doubt that Peter is making this all up.
He would be creating a life sentence in a Greek prison.
either way I buying/holding & waiting for blue skies or ZERO $
GOOD LUCK EVERYONE EITHER WAY.
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