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Re: Russmax post# 4455

Wednesday, 01/15/2014 11:05:12 AM

Wednesday, January 15, 2014 11:05:12 AM

Post# of 4484
knowing they are about to do something, way else buy this gray?

Why not traders?

Date Open High Low Close Volume
01/14/2014 0.019 0.019 0.019 0.019 13,700
01/13/2014 0.015 0.02 0.015 0.02 430,500
01/10/2014 0.015 0.015 0.01 0.01 42,949

Someone buys at 01, and sells at 015 - +50%. Another trader buys at 015, and sells at 02 - +25%. Yet another buys at 019, and has to wait to see if it hits 025. It happens all the time in the greys. You have traders playing chicken with each other in the middle of the road. Who will flinch first at what price.

In theory insiders are free to buy or sell, until SEC litigation appears. However, any profits from selling, the SEC will force disgorgement of as part of the Administrative settlement. It doesn't pay for insiders to even try to sell.

IMO, you're seeing speculative trading of a few traders.

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