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EliteYoda

04/06/11 1:10 AM

#17232 RE: DouglasJH #17229

There is no way to know other than being a part of the company itself to know if the company sold any shares on the open market today. Once share count becomes public and/or if you call the transfer agent and you compare the A/S, O/S and float metrics they give you with those same metrics on otcmarkets site as of March 31 I guess you could put 2 and 2 together but even looking at the Level II quotes and transactions for the day, you will only see large firms like HDSN and MAXM on the ask, which it is impossible to know who their client is for which they are doing their bidding.
Anyone have the full Level II with bot names for today? It would still be interesting to see which firms were distributing.
The action was a joke. From the looks of it, there was HUGE buy volume early on and then at 11:30 or thereafter there were very small bid whacks which were forced at slighly lower levels on very small volume transactions (like 5000 shares and 40000 shares) in order to bring the pps down artificially. The manipulation in this stock is just sickening. With the action this stock got today, if there was no manipulation, the stock would have easily rose naturally to around .0045 (a 50% up day), but with manipulation and firms not caring just yet about profiting from a pps rise, they care more about control and properly assessing at which pps ranges they can distribute more shares at a controlled price, the pps goes nowhere. Total and complete vice grip on the stock. In my opinion these firms play with roughly 30M to 80M shares so it would take a few weeks of volume at these huge levels (20M to 30M shares traded intraday) so as to run these firms over with sheer volume.
cheers