Very possible considering the conviction of some of the people out there. Yes, indeed, someone will be buying all of those shares. It may even be the ones orchestrating the bear raid... bringing the price down so they can loosen up some more shares. All I know is- whenever a large chunk appears on the ask, someone takes it all very quickly. In the past few days, they haven't been interested in anything under 40K- these are serious buyers. They are really smart too- they make sure to always step in and buy when the chart looks the worst or there's bad news and therefore a large amount is on the ask.
Notice the last month or two...
no volume -> price decreases
no volume -> price decreases
target hit! -> HUGE VOLUME & AUTOMATIC RALLY SURGE!!!!
no volume -> price decreases
no volume -> price decreases
target hit! -> HUGE VOLUME & AUTOMATIC RALLY SURGE!!!!
and repeat...
It's pretty obvious someone is manipulating the s*** out of this stock with the intention to own a large amount... or they're at least taking full advantage of all of the sheep out there willing to sell their shares like FOOLS.
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