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Microcap & Penny Stocks : Simtek Corporation -- Ignore unavailable to you. Want to Upgrade?


To: NAG1 who wrote (2499)6/12/2007 3:45:02 PM
From: Crony  Read Replies (1) | Respond to of 2619
 
I saw that trade realtime with Level2 open. It posted exactly at 16:00:00, 2000 shares. I would think that only a professional trader with direct access could execute a trade at exactly 16:00. Most likely they sold those shares to themselves. I have no idea why would anyone do that but it was definitely to affect the charts and/or shareholder's confidence.
But I know one thing: very often a new uptrend starts with a stock dipping first to shake weak hands. Doesn't mean this is going the case here but ... It's been almost a year since the last run from $3 to $6. Should be time for another run as soon as the company confirms $40 mln projections.