Suspicious is a certain trader, could be insider (?), who does microscopic trades of 200-300-max 500 shares at opening or closing bell, JUST to move shareprice up to the Ask.Price - if it went down during the day, the guy is trying to bring it up by merely 200 shares transaction (10 bucks), artificially trying to impress public that pps price "never drops" at the end of day.
His volume of course is a joke (200 shares at 5cents/share is 10 bucks, if his brokerage allows free penny stock transactions!), but his goal seems a psychological one.
"Buy 200 shares a few minutes before Closing bell at 3:59PM EST and shareprice jumps just dueto to these few shares bought, given extremely low market.cap:, I also will reveal I did similar but with even fewer volume - JUST ONE (SINGLE) share trade (for 9 cents back when it was 9) moved shareprice, I was amazed! I did so while my brokerage was on promotion with "500 Free trades for new accounts for 60 days", it was ME that you people wondered about in 2017 as to who was "drip drip dripping a single share every few minutes". I was naive and less experienced then than now, I thought I'd cause big expense for those who bought my share paying for each transaction $9.99 to TDAmeritrade, Fidelit, etc in that year si buyers woldn't sell ti cheap. I didn't understand how it works. I couldn't save AMPG... eventually sold and decided to wait until better times to re-enter.
But this is a gimmick.
Whoever does it is a kid or some desperado - 200 or 500 shares bought cannot hold a shareprice steady, as next day price reverts to proper defined by Exchange or OTC, and yet someone keeps doing these microscopic 200-share trades almost daily since a few months ago or even since Summer 2018. Typically kids or newbies playing with nanocap securities.
If someone has a few Million, they could do a hostile takeover of whole company like this nanocap.
I won't post anymore for a long time, busy w/more important things.
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