Guys, just chill. What happened is easy to understand.
Buy some shares and when you know something is going to happen, look at the level 2 and set it to sell below a lot of the stop losses that are posted from people that don't want to loose to much. It will cost you 2 trades (e*trade=$20) and a loss on your shares.
Now if you bought 1000 shares at $.0120 the total cost to you is $32. Then you effectively dropped the price to $.0080 where you can now buy 10M shares at a cheap price because all of those stop losses have kicked in.
We all know that this thing is going up to .015 minimum and probably .03 by the end of tomorrow. So they can sell those 10M for at least a 50% profit and probably more. Is it manipulation,,, yes,,, is it legal ,,, yes. It's actually kind of smart.
I don't need the money for my shares today. I will wait until it goes up, then sell them. So I am good to go here!!
