Replies to post #2612 on Royal Spring Water (fka RSPG)

[sliverbullet]

Becasue people panic, that's why. Wait until the shorts are panicing to the upside and there are no shares to sell to them, going to be a fun ride :-)

[nyc-hotshot]

I think they probably didn't intend to get 1.10. They probably placed a sell order at the market. Whoever has been holding this stock up and buying everything anyone sells, must have just moved out of the way and boom the bottom dropped out. That guy gets bad fills and then they stepped back in up to the 1.95 or so area.