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Strategies & Market Trends : Turnarund Investing
NOVS 0.0666-16.0%Aug 1 5:00 PM EST

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To: Good Fundamentals who wrote (266)4/4/2012 2:07:24 PM
From: turnaround_seeker2 Recommendations  Read Replies (1) of 1876
 
"Surprisingly low volume today. I guess most folks are waiting for the 10Q for 1Q 2012."

The miscreant manipulators are still controlling day to day trading in NOVS. I don't know if you noticed this or not, but right at 9:30 a trade for a whopping 142 shares traded at a measly .60 a share followed by a trade at 9:31 for another whopping 308 shares for .70.

All the while I've had a buy order in for 6,000 shares at .681, of which the miscreant market makers just finally filled.

Pretty much anyone can manipulate NOVS with this kind of volume, and the miscreant predators even admit to it. Until such time someone (a hedge fund or institution) wants to accumulate a million shares or more under a buck, the miscreants will continue to control the trade.

Rich
aka
Rooky
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