Yo Sputnik, I've been watching the pps go up this morning and, although I haven't watched ever single purchase, most of the trades I've seen have been small. I've also heard of a tactic called "painting the board" which is where a MM or share holder can enter a small order and make the pps look the way they want it to.
ie: A stock I just bailed out of jumped from .30 to .40 on a very small order. That shows a 33% gain a trade the size of a peanut.
Can you comment on the use of such tactics Sputnik?
Oh, and by the way, I not claiming that is happening hear but it is one of the trick that other gurus here at iHUB told me happens regularly.
Was it news of a marketable product that ran the pps up in the first place. NO. It was the promise of a product. Now, I no that this can be good news for a stock/company but it looses strength when the this kind of news keeps coming out over the years but still no product.
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