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Ed the Trader

01/10/18 9:15 PM

#53695 RE: SteveWin #53694

"Someone bought TWO BILLION of these shares Tuesday.'

I guess it was in November that someone bought TWELVE BILLION shares of DNAX over 15 trading days. We have to figure there was a huge amount of swapping back and forth between market makers to fake people out into thinking that a run was starting.

Just like what happened this week, the PPS touched $0.0002 for extremely short durations but the PPS would not hold at that level. Of the 12 billion shares that were traded, maybe about 100 million were traded at $0.0002. The rest were all at $0.0001.

At least you understand that you bought a $100 pull of the slot machine, and chances are almost certain that the house is keeping your money. Like you, I have on occasion done the same in a casino just for entertainment value.