Truth be told Nutr, I jumped in this morning to try and buy 100,000 shares when the ask dipped to $.12, but only got filled with 7,000 shares. To be very clear, I am planning on adding shares on a regular basis and it is my strategy to support the $.12 level to keep the share price from being manipulated down by the MM's, which we saw them try to do this morning.
I've traded in the OTC market for close to 10 years and I am well aware of their tricks. They were trying to instill some major fear by dropping the price quickly this morning, prior to me getting my $.12 bid in to force it back up. It was their attempt to start a panic selling spree. There were two large buys @ $.11 and $.115. I believe this was the MM's grabbing cheap shares.
It is very clear on the charts that many are still holding their shares after the huge run up. They make money by causing panic fear to where they can accumulate cheap shares quickly before letting the share price move back up. The problem they had this morning was too many buyers came jumping in and forcing the share price back up real quick.
When I say panic selling, I mean they wanted to take this down to around the $.10 level. It didn't happen thank god! I will gladly buy more when the upward trend continues, but for now I am saving my funds to fend off the MM's.
I strongly believe this company is going places and they are doing it at a record pace! Cheers!
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