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


To: jacksoo who wrote (375)8/18/1998 12:28:00 PM
From: Dynamicist  Respond to of 789
 
While millions of additional shares be sold into the float may certainly cause a stock to go down sharply, I have to think there is something else at work here, although I don't know what. If shares were being sold then we would see that reflected in volume. Maybe I've missed it, but I haven't seen that much selling pressure. Sure there was some selling last week but I think most of that was people who bought in earlier in the week...

This stock has continues its downward bias even with buying coming in, such as last week when MoneyMade and his group were buying substantial numbers of shares. The bid/ask here moves down on every tick, buys or sells. It even goes down with no ticks at all. The MMs here are taking every opportunity to go lower and lower.

I don't get it. It seems almost sinister...

Anybody have ideas on why QTNT keeps going down, down, down?

Dynamicist