Posted On: 11/18/2013 6:09:01 PM
Post# of 45510
I think they are buying up all the 1s possible and then selling them for 2 or 3. Nice profit if you can get a million shares at a time. They keep dragging it back to 1 hoping someone will put a sell order in at the market and snatch them up. I get the feeling mg is correct and that this will do a RS as they keep holding the pps low and appears little interest in buying this low. RS at 1/100 or 1/1000 and start the shorting again to drive it lower. SEC should limit what a share can have for a par value to avoid these games. Make the company go out of business. At .00001 par a person can issue 4 billion shares for 40,000 and immediately sell them for 10 times at the minimum bid of .0001.
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