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satelliteguy

01/02/14 9:33 PM

#1846 RE: hh718 #1844

Sorry, that makes no sense to me. We saw 3-1/2 million real, actual shares sold (and bought) today, and the weak hands are long gone. You can't look at one offer being pulled back momentarily as evidence of anything. Also, the trades in that time period were at .035, and the big seller(s) went down to .033 later, so there was nothing fake about their desire to sell.

Second, anyone who would want to "shake out weak hands" would want the stock price to look weak to induce selling, so painting the tape would be the precise opposite of what that person would want to do. I don't know who the tape painter is, but he or she is engaged in a fairly pointless exercise.

Finally, there are a couple of people on IHub who like to try to find *patterns* in trading of penny stocks - don't be one of them.