If anyone is interested....the last regular trade of the day that went through was a 130K block for 27 cents, considerably well below the current bid/ask price.
I guess when a stock is shorted as heavily as this one is, NOTHING is spared in efforts to "psyche out" the average joe who is sitting on a bunch of high-priced shares.
Probably just a coincidence though, right? Yeah, right!
The net result of this type of penny-stock manipulation crap is the stock APPEARS to have closed near the low for the day....so people can sit around all weekend and wallow in their negative sentiments.
Once all of the easy money is run out of the stock, it will MIRACULOUSLY make at least one good run, my bet is on at least two good pokes at $1, and then somewhere around $3....I base my opinions on nothing more than the pent up demand and properties of "momentum" plays. The company could go to hell in a handbasket, and it won't make a bit of difference in the short-term.
Yeah well, whatever, leave it to the starched shirts to figure out where the company will be in two years. Someone needs to hype this stock when none of the "respectable" anal-ists will, it might as well be me!
DISCLAIMER: All of the above is my opinion, I don't care what yours is. The game is rigged, the bets are in, I just sit under the table and pocket a few chips when they fall my way! If you are stupid enough to buy or sell a stock based on anything other than your own research and intuition, you deserve what you get....this ain't no church bingo game! |
