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Re: nopancakemix post# 8230

Thursday, 01/23/2014 4:06:09 PM

Thursday, January 23, 2014 4:06:09 PM

Post# of 18744
What happened is called a liquidity trap. The MMs restricted the ability to sell. Walked the stock price up then over loaded the market by shorting and selling simultaneously. Since FITX is Pink all ask/bids are controlled by the MMs and not by a third party so probably 90% of the trades today were at a loss.

I said this would happen on either Wednesday or Thursday of this week.

And yet most will get suckered in again... hopefully the people on this board were smart enough to sell @ 12:45pm.

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