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bdubble

03/23/12 2:11 PM

#110691 RE: FTW #110690

Well whatever brought it, also brought some new life to this board I see as well as some new people taking a peek in on it!

jbsliverer

03/23/12 3:54 PM

#110694 RE: FTW #110690

Overall sometimes it can't even get to $100 worth, sometimes a couple of hundred dollars, some days it has only traded a $1, sometimes ZERO. Trades like the normal NO BID DTCC restricted stock. Lots of the NO BIDS and DTCC stocks trade this way. Fact is that the general action of this ticker and ones like it are the very things that make up the negative, bad, and bottom of the barrel statistics for DTC restricted stocks. Sporadic and intermittent liquidity many times at .0001 and below. In fact it trades worse than some GREY SHEET stocks that have been suspended by the SEC. LOL

But Pawson and his little minions will always continue to try to get rid of this crud. Lots of shares go for less than .0001 and the spread has been in the fifth digit. But unless there is communication with a MM or through a broker, it won't show up but as .0001

It's just that this is just such a garbage can full of crud that some can get excited on just about anything. "hey look, there just went another million shares, whooo" LOL

Now there always can be some pro trader or small group than can accumulate these dead tickers over months and then try to pump the thing to get rid of everything quick to the unsuspecting or inexperienced. Normally it's done with better share structures. With this they would have to be getting deals under the .0001 and if this thing managed to get some .0002's they would be in so demand and very few in comparisons to the .0001's and quickly would just come back to the NO BID status that it is in now, with new bagholders (or even some of the same that has only got themselves a heavier bag).

The AS is so large that any phony business would have to RS the thing and that is going to be extremely difficult with the restrictions of T4T by the DTCC and could easily get a complete suspension except CS (Global Lock) and then the brokers that will trade it now would be disappearing quite rapidly. Plus one needs 50-100 million shares traded daily for any real trading opportunity for the masses. At least any real money for any more than a few big boys and girls.