Refuting a lie elsewhere: it is not true that insi
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They are claiming, with absolutely no evidence, that insiders are selling because the trading gangs are panicked. Anyone who read the swamp-lies this morning can see that they are telling their gang to cover at .71 (or go long), and then they are trying to scare people by claiming the stock will go into the .50's.
Well, with this very, very low volume it would not surprise me to see them do wash trades to try to walk it down there. Maybe there is somebody who has a stop order down there and they want to take their shares (this happens even with NYSE stocks -- a friend of mine watched as a stock was plunged down to take out his stop that was 10% below the bid, and then in less than a second was back up to the bid, and the stock moved up big from that point.)
But they are not going to scare out any of us who know that news is around the corner, and the vast likelihood is that it will be good.
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