Volume alert. In the minutes following the news, there was
Volume alert. In the minutes following the news, there was 432M volume in trade.
I didn't have Level 2 up for PVSP at the time and couldn't tell what portion was at .0001 or .0002 - there was around 90M at .0002 on the ask.
Looking at the history, the stock had been going down so it is not pre-loaded at .0001 apart from whomever got shares yesterday. As the volume was instantaneous, I was wondering if there was a pre-arranged deal to off-load dilution shares to someone who will try to run it up.
PVSP got driven down by endless dilution after excellent early runs in 2015.
Worth keeping an eye on.
Pervasip Corp. (PVSP) Stock Research Links
"Per Ardua Ad Astra" - "Through Adversity To The Stars"
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
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