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Re: BigMoneyAtl post# 20723

Sunday, 03/09/2014 12:11:12 PM

Sunday, March 09, 2014 12:11:12 PM

Post# of 36806
I watched that action Friday, and that's a good question BigMoney. I see BNY^ has 5 billion authorized shares and is probably similar to CTKH in outstanding shares.

Did I see 100 share bidwhacks everytime there was a trade at the ask? NO

Did I see tens of millions of shares being sold at the bid everytime BNY^ ticked up a hundredth of a cent when there was a decent bid size? NO

Did I see the CEO putting out a big press release to support this move in the stock price? NO

Does BNY^ even have an existing business, much less a business with 45 employees and 10 million in revenues? NO

Did I see 100 million share blocks being traded between MMs at .0001 to try and suppress the upward move? NO

In other words, BNY^ apparently isn't infested with a huge naked short position.