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Re: upshegrows post# 785

Monday, 01/06/2014 2:11:15 PM

Monday, January 06, 2014 2:11:15 PM

Post# of 932
The reasoning for the manipulation is that, if the end of day share price is, say $0.04 a share, instead of $0.06, then the buyer's 10,000 order at 0.03 a share seems more inline to the current share price. Also, if you notice, the share price of ~0.31 fell down to $0.06 a share, 1.25 to 1.5 times the usual share price of (0.04 - 0.05). It then subsequently fell back to 0.04 a share.

When the average daily volume is 20,000 (~$1000 at $0.05 a share), it doesnt take much to manipulate the stock. Also, there always seems to be someone selling and buying lots of 10,000 shares at a time. And at the end of the day (or beginning), the share price either drops or jumps with only ~200 shares. So how is that not manipulation? Check your facts before you start trying to come off as a know it all.

BTW, your comments about Alterrus reaching their maximum revenue was thrown out when they doubled revenue last quarter, so you obviously were wrong.

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