To add I think J45 had a good grasp on the situati
Post# of 22456
Last 10 trading days before yesterday less than 4/10ths of 1% of the total stock out was traded. .004% and it went down 14.2 % from 14 to 12
today we had .002% of stock out traded and we went down 17.13%
thats pure walkdown manipulation. Yesterday, the buy volume at the ask was 272k to 364k of selling at bid.
There is no way that this was not a calculated walkdown of the stock.
the last 163k of trades all of which were below 15k except 1 for 30k moved it from 12 to .099 and back to close .1011
This is an outright attack on the stock to get it lower and scare some retail on the way, (which is working).
Absolutely by NO MEANS is this a rush for the exits with these vol numbers.
there were 45 trades from the 117k sell to get to .1011 most were single digits 5k,7k,3k etc... that is NOT A REAL SELLER thats a GAME.
Now the question to ponder is WHO would benefit from a Lower stock price? that needs to be the focus!!
This stock will fly back up when the BS is over its very simple.
Also remind everyone looking for the Nitto Revs to be "Recognized" on this 10Q next week that the agreement was Sept(for 4 months) so the Revs were not recognized till January 2016 and this 10Q period ends Dec 2015.
The $225,000 will be on the next 10Q in mid April.