GREY:CIMVF - Post by User
Comment by
collinscon Jan 29, 2009 3:44pm
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Post# 15738044
RE: RE: RE: RE: Today's Trades
RE: RE: RE: RE: Today's Trades"In fact, why did "collinsc" mention the trades at all? With 420 million shares outstanding, a one million share day can happen frequently."
Yes,but it's unusual to get them the first thing in the morning at a lower price than the closing price of the previous day, and when the bid is $0.02 and the ask is $0.025.
A million shares going on the low side and the first trades of the day is a dump in my opinion or someone trying to manipulate the price.
I have found that they usually won't let you in at the lower price and keep you from selling at the higher price.