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theluckyone1

03/17/15 10:57 AM

#56786 RE: HeedTheChief #56785

they are not selling them into thin air someone or someones are soaking them up , every seller there is a buyer. useless point u make

HeedTheChief

03/17/15 1:24 PM

#56796 RE: HeedTheChief #56785

STXG still showing 5k @ .109.
Whoever this large shareholder is, he/she, wants out
before earnings.
Almost another 700k let go today at .109

lesgetrich

03/17/15 2:02 PM

#56801 RE: HeedTheChief #56785

Those kinds of large trading blocks (i.e. 650,000 shares) are more likely MM's buying and selling for their own account and/or keeping a lid on the pps. That's over $70k at $.11/share. They could also be day/traders and flippers looking to make their daily profit. Making $.005/share profit at that level nets you a gain of over $3,200 (the MM's could also be taking some profits).

There are no insiders selling shares since they'd have to file an SEC report and we'd know. Few suppliers and/or consultants would be paid such huge sums at one time and there aren't a whole lot of long investors with that much invested.