InvestorsHub Logo
icon url

diannedawn

04/28/15 4:25 PM

#129104 RE: Tom489 #129099

HOWEVER The buy at .0002 was definitely someone with a bigger account buying at 2 just to get people excited probably in attempts that it would start a run.

desperate times call for desperate measures...

Here's how I see it...shuffle shares...which makes it look like there's volume...
Volume helps get the ticker on other traders radar.
Make a buy at .0002 to try and spark a rally...
Hope that others will buy into it and keep it moving.
Yes, the person would be losing commissions...
IF they are not getting free trades which many brokers
give away for certain things...

IF a rally was actually started, so a large position could be unloaded; it would all be worth it.

Time will tell.