Replies to post #15997 on Identa Corp (IDTA)

[mike1991]

Tex,
I think everyone is reading way too much into those trades. Many times I'll have a buy order in at bid or a sell order in at ask for a large volume and I'll get filled 100 or even less shares, many times right before the close. I really think they just want the commission. I have one broker who does this often to me and if I put in AON order, it never gets filled or doesn't even show up on level 2. I've already paid 14.95 for $1.00 or less of Identa and other stocks.

[mike302]

You know what pisses me off the most, it's not losing money on a pink stock, I've done it at least a half dozen times but it never effected me like this one. Reason being because this one met it's demise completely on human stupidity. It's a good product being manufactured and sold around the world. I was more then willing to wait and have my investment grow with the company. Why did they have to start printing nonsense in PR's which I'm not going to rehash. I agree with Richieboy, their credibility is shot, investors don't believe a word they say and the PPS can't go anywhere with no volume.

[demmo47]

These little manipulations can only be a perception thing. They are being done simply to affect onlookers perception of the company.

Bingo. And those onlookers are private placement buyers. Having raised the A/S again, IDTA has another 2.5 billion shares to sell to these buyers.