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Rdavido

02/21/09 7:31 PM

#60063 RE: martingale #60062

Hmmmmm.....does this qualify....LOL:

No, it doesn't qualify. That is simply one person's opinion. An antagonist could have come by immediately after that post and said the PPS would never go higher than $0.0005.
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frogdreaming

02/21/09 7:58 PM

#60064 RE: martingale #60062

It didn't need to go anywhere if the purpose was to maintain a market for the dumping of company stock.

There are thousands of pumps on the RCCH board...some more ridiculous than others but taken all together you could conclude there was alot of pumping going on but not much dumping because the PPS never went anywhere.

A pump and dump needs the pps to rise only when the pumpers buy their stock from the market. They then need an increase in pps to obtain a profit. If the shares are free, coming directly off the printing press, then all that is required for a profit is ...... a market. As long as people could be enticed to buy shares, at whatever price, then the effort is successful.

The 'manipulation' resides in the maintenance of a market in the face of an immense flood of shares. Under normal circumstances the pps should have collapsed to 'no bid' a long time ago. Only the unrelenting 'pump' with its nonsensical explanations and excuses has kept the market going for so long.