A week ago CNGJ trades just over 1MM shares (Monday & Tuesday) from .009 to .01 then doubles to .02 on just 65,000 shares. Then it falls back with nearly NO volume for an entire week. Yesterday, Thursday, the price spikes up to .035 on less than 500K shares and quickly climbs to .04 on 357,000 more. CNGJ ends the day at .03.
Amazingly, a little over 1MM shares trades early this morning from .03 to .04. Then the price plummets from.03 to sub penny in less than one hour. Most of the fall was within 30 minutes. CNGJ continues to churn out volume like tomorrow isn’t coming trading over 13MM more shares from a range of .015 down to .006.
Let’s recap:
About 1MM shares traded .009 to .01
A week with almost no trading
Price spikes up on a few hundred thousand shares
About 1MM shares traded at .03 to .04
Price drops from highs to sub penny in less than an hour and share continue trading by the millions.
Largest “off-the-chart” volume day ever for a stock that went a week with less than 10,000 shares a day average.
Yep, no manipulation here. Heck, she’s jest settin’ up fer a run to a dime. Late print: a verifiable buyer or a late file from earlier in the day? Just another day in the boiler room – I mean office.
LMAO !!!!
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