WHEN A PERSON POSTS "BLOCK BUSTER NEWS" IT'S A PROMO OF ONE WHO WANTS MORE BUYS! So the promoter can sell the stock purchased over the past 3,4,5,or 6 trading days.
So you want a so proof... Try this
3/5/99 share price range .04 to .05 vol. 375,000
3/8/99 share price range .04 to .05 vol. 96,800
3/9/99 share price range .04 to .06 vol.1,763,800
3/11/99 shere price range .04 to .05 vol. 401,400
Would it be easy to buy up say 1,000,000 shares avg. cost .045 cents? for $45,000
no problem... Now Just tell everyone that great news is commin and it's hot and
it''s going to be block buster news!!
So now that person who made the statement and knows the great big deal is going
to come out Monday sells over the day the million shares at .055 for a net of
$10,000 U.S. Cash. Not bad for one little promo.
Why not sell on the day of the news ? Someone wants it to run up so they can
short off the top and make money on each end of the news. IMO. we have a
little something that is not right with this early news hype. Sometimes things are
not always as they appear.
Who is this person that started the rumor that there would be a Block Buster
news rls on Friday only to late after close come to someone to post oh. it's going
to be Monday instead. How many times has this happend to this stock and the investors
on this site? Come on ask questions people. And you wonder why I ask questions. |
