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divineinvestor

07/13/11 4:56 PM

#39123 RE: pennyinvestment #39121

It could have been flippers. I know ACC724 said he flipped this alot when it was .0007-.0008 so I am assuming he would flip the bigger gains.
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nac109

07/13/11 5:22 PM

#39127 RE: pennyinvestment #39121

There are people who don't read these boards or any boards. They just play. And I bet if any longs did sell some of their shares they wouldn't be telling people on the boards. 25,000,000 shares isn't really that much. Considering this was at .0001 not too long ago, someone could have gained a lot of money today. The thing with these penny stocks is some people jump to the wrong conclusion and make some people worry causing them to sell and so on. Panic selling is never good.
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Mango

07/13/11 11:37 PM

#39147 RE: pennyinvestment #39121

MM's are actively trading this one (at least now they are) and took it down because they (and it's there job to know these things) know what's in store here. They are fishing for cheap shares. Oh, to be sure, some retail sold into the dip as well, but I think the MM's caused the quick spike down today.

News is imminent!!!

all my posts are imo and, as always ...

GLTA


:-)