I have no idea who could be doing it but I know it is happening and it is happening repeatedly and often. I also can't figure out why anyone should complain when I point out that someone is manipulating the stock price.
If you look at mainly daily charts you may see a day with 120,000 share volume and a closing price of .47 and what you don't see is that 99% of those shares sold for .38. I think that is misleading and dishonest.
Why is that a negative post? The only person that should find that post offensive is the person manipulating the price!
I did it One Time, several weeks ago because I was sick of seeing the price drop day after day. People were selling at the Bid price and it pissed me off, to be honest about it. Don't have the money to do it again, so it's not me. It obviously was a waste of my money to try and hold the price up, except that I did pick up a few more shares. It up to Corporate when the price will go up. jmho
Actually, someone buying at ask to support the stock is less dishonest than dumping your stock at the bid to make it go down. I am grateful to those buyers, not angry. They are willing to pay a few extra pennies to keep us where we obviously have good support. In fact if not for naysayers and bidsellers the stock would probably be back up at the 60's or 70's. Yes, final permitting, groundbreaking, certified financials would all help too, but until people stop selling at bid, buyers won't have any reason to move up, would you?
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