Naah. imo it was the robo trading group that started around the 20th of January, maybe even 24th and they hit random groups of shells.
Look back in the trading history of any scam that sold like ggii. The timing of the SEC may 21st deal may have crushed that movement for penny stocks.
These were almost exclusively scam shells with billions of authorized.
They have definite parameters they were following. Many of them were CE shells. Too bad because if anyone was paying attention, they, like myself were able to unload almost every single dead stock for a profit.
Never seen anything like it and may never see it again.
They are still at it but on a smaller scale. Look for high volume of trading, not large single trades but groups of 5 to 10 trades going off in the same second with repeated patterns. This is not typical penny scam trading. Promoters aren't doing this at all. It's all computer trading, but using penny stock instead. I think it's the same group that killed that stock some weeks ago.
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