RE:what is wrong here?????GnR,
For the last 6+ weeks, there is a large investor trading in the US OTC markets that has been placing large block sell orders ranging from close to 1,000,000 to 8,000,000 shares near the real time prices.
As I'm responding to you, current big block sell order:Ask: 0.2004 x 810,000 and below the current price, with the Spectacular results, If he really wanted to sell, he could've been selling in small blocks and could get closer to $0.40 to $0.60 or even a lot more a share.
This investor knows the findings are spectacular and believes no one will fill such large orders. And by holding the share price down has allowed him, to quietly accumulate more shares for less than his low ball asking prices. He knows the share price will eventually go much higher. (like 4x)
However I've been reading that other large investors, are tired of seeing their own investments being devalued by someone manipulating the share price down and will call the manipulator's bluff.
Interestingly, because the manipulator has been so successful at lowering the share price down to record low prices, when other large investors do call his bluff, the manipular will have essentially sold his shares for a lot less than what he paid for and will end up losing a lot of money.