Replies to post #14528 on Great Basin Scientific Inc. (fka GBSNQ)

[Threeflight]

No no you misunderstood me. I am saying that retail, as in you and I, are not selling. Especially on red days when the stock is down 99.9999% already and many of use are just starting to take positions. On green days it is MUCH easier for retail to sell. They can flip and take profits and then flip again. When a stock is moving up, things become much happier for everyone. When a stock gaps down and stays down like today? Below that 15 cents or so where lots of retail started to buy? One, people aren't selling because they are now DOWN money from the previous positions. And two, daily flipping is hard because the move for the most part has been....straight down. So the only logical assumption as to who is selling here under .15? Financiers who got lots and lots of shares and who don't really care what they sell at. They just want their money.

[modrica]

was thinking the same thing , if we for example had 200 millions shares outstanding at the moment .11-.12 would perfectly make sense

but theres only 20 millions s/o and volume traded past 5 weeks around 120 millions shares

with constant selling pressure and considering that warrants had 4.99% limit all this time there had to be naked short selling going on

nobody can tell me as you said that retails people would buy today and sell tomorrow for a loss and same like that every day for a month or more

it just doesnt add up to be traded 120 millions shares just to add 17 millions to s/o count with pps constantly going down

in my opinion

gl

mod

[nit2winit26]

Looking like my Price of 0.05 is not far off at all now.