Typical bottom formation shaking After the early
Post# of 39368
Typical bottom formation shaking
After the early afternoon ask hitting, most notably the .0277 for 3900, I noted that VNDM was suspiciously on ask at .0275.
http://investorshangout.com/post/view?id=194667
Shortly thereafter we saw trading volume reminiscent of the mid October trading where trades were executed without a lot of orders filling. Trades in between bid and ask, trades that occur below bid. Case in point was a 500,000 trade at .0246 in the last half hour of trading.
I was watching the L2, there were at least a couple of orders on bid above that and there was definitely not a bid at .0246 showing.
When I see fishy trading like this at the dead lows with VNDM on the scene, this is nothing more than the shenanigans that I see typically playing out near the lows. I called it last week when I said I believe that Friday should have funny business, and that it would possibly go through today.
The bears are trying to play on the frustration of disappointed investors by hitting them when they are down. I see this happen on bottoming plays all the time, which makes me only more confident of a reversal off of the lows.
(Mpix most recent heavily bashed and shorted penny stock I've been in. It got was slammed into trips mid October and is now just shy of a penny. They have no PR or news reported since late September so no news catalyst)
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