From Agora, posted by Justin in response to Marcoll asking why the share price is so low,..
Allana shares are in the hands of the traders. Day traders. Fund managers, mutual funds and most of the big money is waiting for financing and the PEA. I look at level 2 every day and I can see the games being played. Why is it that before the open, someone will put up an ask that is less than the bid? Now why would someone sell for less than what is being bid? To bring the opening price down and make it look like the stock is sinking. The same kind of thing happens on a regular basis at the close. The traders will bring it down (or sometimes up) right at the last few seconds. I call it feeding the bid. Other interesting things: trades for very small amounts of shares. 100, 200 shares being traded. And on January 13th (I think it was that date), there was a trade for ONE single share, which brought the price down. Yes, one single share. Now why would that happen?Who in their right mind would trade a single share of a 35 cent stock? Someone who is trying to manipulate the price ever so slightly, that's who. Have you ever wondered why Allana has so many bashers on other boards? They say they own no shares yet they bash it day after day, month after month, year after year. They have an agenda. They have motive. Believe me, they have a monetary stake in this. Think about this: Day traders and folks who's source of incoming in trading stocks have a large line of credit to do their trading. It's aesy for them to set up accounts at different houses and manipulate the price. Especially with a penny stock. You know, two cents movement on a stock will net you $200 for every 10,000 shares you have. So these guys will buy (or short) 30,000 or more shares and make a tidy $600 a day on two cents movement. Of course sometimes they will lose but that's the name of the game. And they do this with just a couple of more stocks and they are looking at maybe 2 grand a week in profits. Not bad. Some weeks will be better than others.
You'll see, they will maybe pound it down now to 28 or 29 cents ... and then it will rise back up a few cents and then back down. I would get worried about bad news being leaked if say the shares plunged a dime in one day on millions of shares traded. That would be worrisome. But these penny or two a day movements? I'm not worried about a thing. The fundamentals here are excelent. Yes there have been delays and some folks don't have patience and have sold and moved on. It's their choice, it's their money. I'm not telling anyone to buy or even hold, I'm telling everyone to look at the big picture. And be patient. Think about the future. Is Allana the real deal. What have they accomplished so far. What are the next steps. Those are the things to consider. Not these daily BS price movements.
The important question to ask yourself is, where will Allana be in 6 months, 1 year, 2 years and 5 years down the road. The big picture.
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Source: https://agoracom.com/ir/Allana/forums/discussion/topics/633522-opinions/messages/1987172#message