Hal they seem to run this stock from tiem to time on some alerts and short it heavy. This was one of those cycles, the guys who bought at 0.08 must be wondering what the hell happened. I believe 99% of penny, BB stock rallies are shorting on spike, people seem to be folloing another fad CHYS for now. I best youw ill see that stock at 4 dollar 2 months from now, look at NDOL, same game. We are so much low 0.04 that we don't need to worry about that for now. The funny part was the spike happened at 0.045 all the way to 0.1 with 4 million volume. Last few days volume has dropped to 300-400K days with MM trying to pull ask and bid down on every 5-10 K sales.
This seem to be planned and MM are hell bent on driving this below 0.04 on thin sale and create panic so that idiots will start dumping in fear for another 0.01 drop while the same losers refused to sell higher due to greed will end up selling at 0.03-0.035 in panic. MM exploit these ooportnuties. They know lot of stocks are CHANNEL stocks, we had a rare opportunity to rally and hold gains, but the MM games to short this everyday and CREATE PANIC so that idiots start selling in fear is what they are banking on, then news hits the wire OTCBB lsiting and the same shares MM bought below 0.04 will eb sold to new MOMO gang at 0.08 and the cycle will repeat all over
It seems that pennyland no stock can hold gains,a ll rallies are shorted and no one cares about fundamentals anymore. It's all site alerts, mom news, MM shorting on ralleis and creating panic first by step by step lowering of ask/bid followed by panic selling, the sad part is idiots fall to this trcik and MM get rich, 90% of the people sell at loss and money gets rotated from people like us to MM and shorts using legal methods
amazing corrupt markets
Nothing is fair
all gamble
At times I wonder whether Chefs want this stock down and working with shorts, why would they not have PR for months ?