Posted On: 02/13/2015 2:09:35 PM
Post# of 41414
With very low volume and share price........at this time....BLTA is EXTREMELY vulnerable to manipulation.
Think about what $100,000 thrown at the ASK would do to the price.
I know....I saw it happen about a year ago......about $140K was improperly invested and shot the price to over .034 for a few days, and then it started to settle down again.
Imagine if someione did it purposely and deliberately on the announcement of good news.
"Panic selling" could just as easily be replaced by "panic buying".
Point being.....BLTA at this time (because of low volume and low pps) is quite vulnerable to manipulation - either up or down.......
Think about what $100,000 thrown at the ASK would do to the price.
I know....I saw it happen about a year ago......about $140K was improperly invested and shot the price to over .034 for a few days, and then it started to settle down again.
Imagine if someione did it purposely and deliberately on the announcement of good news.
"Panic selling" could just as easily be replaced by "panic buying".
Point being.....BLTA at this time (because of low volume and low pps) is quite vulnerable to manipulation - either up or down.......
(0)
(0)
