Almost everyday for over six weeks, we've seen one
Post# of 5570
Almost everyday for over six weeks, we've seen one fairly large sell order (the smallest was just over 1 mil) either at the bid or under the bid. Today was no different. But I'm not sure it can be called a bidwhack. The high bid was .0021 by a friend of mine. The 10 mil share sell was executed under his bid at .002. He didn't get one share. On top of that, I had 1 mil in to buy at .002, and I received nothing. I have yet to hear of one buyer at the late in the day bids who has received one share from all of these daily late day sells. Not one! So what might this be? I'm guessing the dirtbags are swapping stock to each other in the attempt to scare people out of their shares. The problem is when you have a fairly strong group of shareholders holding over 150 mil shares, that doesn't leave many other shares. Those that got tired of waiting, got nervous, or out of financial need have already sold for the most part. Next week will be very interesting as we close in on mid September.
You all have a great weekend!