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Re: Warren Puffit post# 40720

Thursday, 02/20/2014 8:00:41 PM

Thursday, February 20, 2014 8:00:41 PM

Post# of 47295
No what I see is a musical chairs play where some big guy or trading group bought up 923 +/- million shares the 2 days before and sold it in todays manipulated pop he created. For his double.
http://stockcharts.com/h-sc/ui?s=AXLX&p=D&yr=0&mn=3&dy=0&id=p42574213571

Lets get into the nitty griddy

I say in a manipulated play the daily volume is made up of 25% free trading and 75% darkside.

The 2 days before 386 + 537 = 923 - 25% or 692 mil big guy shares now owned, probably bought at .0002, cause you can always buy high .0002, plenty of .0001 holders looking for the double finally. Rarely can buy lower at .0001.

So now, today he buys some at .0003 and gets a nibble, then starts selling to .0004. Volume today was 1 bil - 25% or 750 mil. 750 - 692 = 58 mil probably bought higher during the day to create the run, then sold at top EOD end of day.

Here's a post I just did about the subject.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=97536035&txt2find=musical|chairs

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