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Dannyboy4

01/23/12 8:32 PM

#56462 RE: Dan10 #56461

I don't think that would of happened at any other pps. There def. would have been fluctuation, more likely up than down.

There's a certain mentality about .01 with this company.. there's a lot of people willing to buy and sell at that price. I believe it's because of all the warrants.
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StockrookFOREVER

01/23/12 8:32 PM

#56463 RE: Dan10 #56461

You need to understand the mindset of a market maker. Why would they increase the ask when the silence from the company allows them to accumilate much lower? Lack of buying pressure allows them to do as they please.
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Dannyboy4

01/23/12 8:35 PM

#56464 RE: Dan10 #56461

Just as many people were selling as buying @ .01, that's y it didn't move up or down. It just so happens that they were recorded as buys because of the transaction beforehand.