RE: $2.40...Somebody Messed Up ??? I figure that someone either finished dumping their large lot today (they have been selling all week), or some large players were working together to take out the stop loss orders. There is no way this stock is worth $2.50.
Looking at the trading this week, I had also thought that Trioil might be coming out with a stock issue, but now with a 100,000 share bid at $2.80 and another for 50,000 at $2.75, there is no way of that happening.
I was away at the market open. Had put in a stink bid for 2,000 at $2.63 and I got filled. Wish I had stuck around for more at $2.50. Sometimes a coffee can cost you!
My end thought is that the stock is being manipulated to take out any last sellers at these levels. Someone out there is willing to buy all they can get, so I am comfortable at these levels. I expect that the next news release will be a good one. Let's take our time and see.
Larsen6