windbag, i hear ya.
we endured many long cold months with MIKP years ago.
no guarantee this won't be another long winter after initial sparks of hope.
that said, inlining my post from yesterday:
fwiw, pump/dump scenario doesn't make logical sense on grays.
MIKP is still gray,
meaning there is no central market exchange
where MIKP bid/ask order offers are listed publicly.
meaning, for last week's trading to happen,
MMs needed to manually ping brokers
to check broker order books
for lingering open GTC MIKP orders.
seems unlikely there were
a billion GTC buy orders for MIKP
set at any limit above 0001?
if so, then the MMs logically weren't unloading shares
onto hapless GTC saps (aka: us).
logically, with a billion trades up to 0008,
on a gray stock with no bid-ask market quote,
the MMs were just buying up
all the cheap GTC sell limit orders
they could find on broker books?
if that's accurate,
then, logically, hundreds of grand worth of MIKP shares
were bought by either MMs
or people capable of directing MMs to buy gray stocks for them?
and if this were a pump/dump attempt,
wouldn't it make a lot more sense
to wait to start the pump
until *after* MIKP was pink again
when herds of retail buyers could be hitting the ask,
rather than just 3 MMs?
we have no credible info on why MIKP is suddenly trading again,
with hundreds of grand in tangible money at play.
but seems likely to me
that even MMs don't gamble with hundreds of grand
in gray stocks
unless they expect to be able to unload that stock
at a higher price later?
will be interesting to see what happens next few weeks...
News 
Market Data 
Discover 
