Replies to post #46423 on lowtrade

[deadjim]

There’s no bid because there literally are no more participants willing to buy in. If you place an order for .0001c you get filled at the ask. The bid doesn’t sit for very long. What’s a market when both bid and ask are at the same price without the ability to move lower? No bid. There’s still a market at .0001. Really should’ve seen that one coming since the gap lower at .015s..
I’m still confused as to why people thought they should load that boat on that one. Looking at fundies vs down trending price? No way, not in otc

[la_trader]

Thanks LT- quite the damn mystery eh? u right it makes no sense and follows no known logic. well hell if you don't know or cant venture a guess, then I suppose only the RNVA CEO would have the answer. and he's not talking.

I did see some bids flash on for .0001 briefly a couple of times, and there was almost a half billion shares traded after all the bids were pulled. the ask side did change quite a bit almost like it is trading to some dark entity

how does it keep trading that volume of shares with all bids pulled?

do you think some entity or party stepped up and bought all the shares? perhaps as a way to retire a big portion of the dilution shares?

[Jaxon2010]

For what it’s worth I had an aon order for a lousy 500k on the ask all afternoon. Never filled.

I do this to try to see what’s left as for as selling goes.

Imo somebody was waiting for that dump and bought as much as they could catch.

Looked orchestrated to me.