RE:RE:RE:RE:RE:RE:Fund Manager: NILI has SPECTACULAR GRADES Again with this BS of algorithims.
There is no algorithims on penny stocks nor any short manipulation.
What moves the stock is when a big fund or institution either comes in or out.
We saw that CELL unloaded 6 million shares. If each shareholder bought say 10,000 shares each and that is alot, you would need 600 new shareholders or maybe not new shareholders but existing shareholders need to pick up the slake.
Same thing happens if a ETF or mutual fund either buys millions or sells millions of shares.
These are the guys who move the markets, not the shorts, not the algorithiums (which is for blue chip stocks) and, not retail buyer or occassional poster who wants to short.
Once the elephant selling is out of the room and market turns favorable, these elephants (maybe different ones) come roaring back in. And they will buy until the sky is the limit. When they buy, they buy, regardless of price.
Good Luck,