"if Troy is dumping which i believe he has who is buying them. and what is making LFBG climb so easily is the main question i have. for it to set at .0004x.0005 for so long; no wall the sudden it seems to move on air. granted its nice volume but what gives"
IMO,the MM's are the ones who bought all of those shares at .0004 x.0005. I watch the action on L2 religiously and I've noticed that they tend to dump shares on the bid and ask almost for the exact amount. To give you an example an order will be put in for lets say 850,000 on the bid and a few seconds later it will disappear from the bid and show up on the ask for the exact amount.
I read the 8k Troy put out a few weeks ago and with the exception of the increase in revenue, there wasn't anything in it to justify the recent run up. My guess the MM's are getting ready to dump a ton of new shares on all of us.
GLTA!