Replies to post #3057 on China BioPharma Corp (fka CHBO)

[diamonddavedc]

There are no more shares to sell right now so this will 100% hold up until there are more shares......this might be how they get this to .40 post R/S

[DonLeopoldo]

many people and MM's are trading for a +10% or +20% profit.

MM's love these kind of stocks with massive volume and no dilution (no dilution with Maxxed A/S, at least not until after the R/S, and this is a fact).


I'd take the volume as 25% sells, and the rest would be MM's mirror trading, and then traders/MM's getting in at 9 or 10 and selling ar 10 or 11.

I've sold over 3 million shares, myself, at the open and bought them back at 0.001 a while later.

I really didn't create almost any real NET volume, because my position has very slightly increased. But I've contributed with some 7 million to today's volume.


See, ... there can be volume even if there isn't any NET selling or buying... but trading.


Though, of course, today were some new buyers as well as some old holders bailed. But in no way we can assume that 170 million were SOLD, LOL !

In my example, I moved over 6 million shares, but only really bought barely 400k new NET shares.

In my example, less than 10% of the volume is NET BUY volume. And I'm not considering eventual mirror trading that the MMs might have done when I sold and bought.


I imagine that today, NET volume was SELLs (due to the R/S news), and maybe 25 to 50 million NET SELLS overall, but this is just a guess.





Follow me at your own risk; look where I'm fishin' LOL
All I say is my opinion &I could be wrong. Do your DD!
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