What happened on Tuesday sounds like a one time we
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Posted On: 09/05/2019 2:34:35 PM
What happened on Tuesday sounds like a one time well coordinated selling event. Either somebody exiting or a manipulative game as usual.
The most critical stock manipulation that I have experienced watching is the last ONCI note due on 7/2. The stock went up down and sideways 10 days before the note was due on 7/2 to hit 3 days of a minimum of 0.0005. That way the note will be paid with 110 mil shares using 50% discount of 0.00025.
There was a clear concerted efforts to hit 0.0005 in the 10 days. Now these games are gone since there are no notes due.
The most critical stock manipulation that I have experienced watching is the last ONCI note due on 7/2. The stock went up down and sideways 10 days before the note was due on 7/2 to hit 3 days of a minimum of 0.0005. That way the note will be paid with 110 mil shares using 50% discount of 0.00025.
There was a clear concerted efforts to hit 0.0005 in the 10 days. Now these games are gone since there are no notes due.
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(1)On4 Communications (ONCI) Stock Research Links
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