InvestorsHub Logo

Happy Investor

07/19/17 9:54 AM

#2752 RE: Maniana #2749

I noticed that as well and I even called a friend of mine who is an IMMD investor. We concluded that it was not a company related move because it was so obvious as it occurred in the last few minutes. We think it was probably a shareholder who noticed that the bid-ask spread had widened to $.04 and the person saw an opportunity to post a larger gain for the day. What is significant is that the price rose to $.50 due to market forces.