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Bullboard - Stock Discussion Forum Technologies Sonomax Inc SXHHF

Sonomax Technologies Inc engages in the development, commercialization and sales of intra-ear technology for earphones, hearing protection, hearing enhancement, and other communication applications.

GREY:SXHHF - Post Discussion

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Post by berglay on Jan 29, 2013 10:11am

What's up?

Some institution must have bailed. Look at the volume - almost 7.3 million:

0.015  
  0.005  
  Volume: 7,264,404
  Last Trade: 09:36  
  Bid: 0.015   High: 0.015  
  Ask: 0.020   Low: 0.015  
  Open: 0.015   Previous Close: 0.010  
Comment by BCrichTiger on Jan 29, 2013 10:19am
yeah , what's going on? 2cents will gone too? LOL If pass 2 cents , will fly!
Comment by mcgillstocks on Jan 29, 2013 10:28am
But...if an institution bailed..who would have bought all those shares? Maybe a press release will come out soon that will shed some light on this mornings volume.
Comment by jimmyjazz on Jan 29, 2013 10:49am
Not sure how to explain what's happened this morning.... ???   If someone wanted in bad enough to buy 7.3 million shares at .015  but then halt at .02 ??   JJ
Comment by mcgillstocks on Jan 29, 2013 10:56am
7 million shares traded for this stock is considerable. There hasn't been this much volumen in awhile. I cannot believe the stock only went up by 1/2 a cent. What a joke!
Comment by jimmyjazz on Jan 29, 2013 10:58am
"I cannot believe the stock only went up by 1/2 a cent. What a joke!"   That's what i was thinking !!     JJ
Comment by wdr2 on Jan 29, 2013 1:52pm
The cockroaches have to accumulate before they run it up,it's that simple. wdr2
Comment by jimmyjazz on Jan 29, 2013 2:41pm
If they drive the price then they can accumuate as much as they want. I have accumulated more than I wanted to but kept averaging down and now I just want out. JJ
Comment by The_Primed_Report on Jan 29, 2013 2:49pm
It is nto just about the SP going up 100% today it is about trading 8 million shares to do it and it is about there now being 1.2million on the bid at 1.5 cents. You look at it as a penny. I see it as 100% gains in the midst of a huge deal taking place. JJ, you are not the only one who wants out. Many posters on this board will be happy to break even and be done with it. I am just hopfull to see 5 ...more  
Comment by jimmyjazz on Jan 29, 2013 3:01pm
I like the100% change in a day and would love to see it repeated again tomorrow to .04.  When you think about it in real terms 9 000 000 shares even at .02 is only $180 000 not a real big investment fo some.   At .05 I will be close enough and gone baby gone !!!   JJ    
Comment by The_Primed_Report on Jan 29, 2013 3:04pm
$180K on a penny stock... literally a PENNY stock is huge IMO.
Comment by jimmyjazz on Jan 29, 2013 3:07pm
You are correct on a penny stock it's huge.   Guess I'm thinking back to the price I paid for SHH when I first got in :-0   JJ
Comment by The_Primed_Report on Jan 29, 2013 3:11pm
Yeah bro, I understand where you are comming from. I averaged my stock down to 4 cents and I still need a double from here to break even.
Comment by jimmyjazz on Jan 29, 2013 3:16pm
Good for you, I averaged down to .05 and didn't have the courage to buy anymore.... I'd be happy to break even at this point. It's been 7 years of watching this ship sink.   I'm sure this is the most shares in 1 day traded for SHH ever ...that I can remember ??   JJ
Comment by mcgillstocks on Jan 29, 2013 3:37pm
It has truly been a long time and I am fed up watching this thing move so slowly. This management team really sucks. They should have accomplished what they did in a third of the time. So much time and money invested. Tech companies need to move fast in order to be succesful.  
Comment by TheIceMan3 on Jan 29, 2013 4:08pm
Not really my man when there's 500 Million shares outstanding.  Have you figured out what is going on yet?  I bet you have and they will buy lots more down at these levels as long as people keep selling. Let the games begin!!!!   Ice
Comment by TheIceMan3 on Jan 29, 2013 4:12pm
Why are they cockroaches?  I'd rather buy at these levels too than pay a premium price for it.  It's smart business sense.  This is what happens when you let your share prices get to these levels.  The rich get richer and ......you know the rest!   Ice
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