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Sheepdog

08/17/10 12:19 PM

#27190 RE: renoldman #27188

These are apparently the Company share dumps on the market that we have grown to know and love. People still think Lanza is planning to conduct a business? He is in the business of pumping and dumping shares....that is what he knows. No way this will crawl above $.0003 or so with an infinite number of shares to dump.

IT SHOULD BE $.02/share by now ($20M/1B) if half of the crap they spew out were true and they hadn't started dumping shares.

SLO-sider

08/17/10 12:52 PM

#27194 RE: renoldman #27188

Interesting,

I have a long-standing buy at .0001 and I didn't get any of them?

Someone has a lot more influence than I do... go figure.

ooag_long

08/17/10 1:24 PM

#27200 RE: renoldman #27188

lol, you got me, i do know one thing, that i recall that before it was 9M blocks coming through at 1, so now it seems that they have upped that sell rate considerably, just checked quote media, again we are seeing the 9M number, maybe they are getting them at .00009? I was listening to cspan yesterday when they were talking about the big sell off earlier this year, broken trades, what did they call it, the flash something?, anyway, they said that market makers may and do all the time (not sure about what percent of the trades are like this) repackage transactions, and often time turn a market order into a limit order by "repackaging it", if thats what is happening w/ the 9M blocks, like you suggest it could very well be that the original order was 70M dump?

many hands may be involved in getting the trade to market? so hard to say really, we know lanza is a sleeze, imho, so buyer beware

ps it was the "flash crash"

02opida

08/17/10 1:31 PM

#27202 RE: renoldman #27188

could be mm's playing games