OTCQX:MRVFF - Post by User
Post by
longondmxon Oct 26, 2009 10:08am
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Post# 16423046
Some points...
Some points...Based on the last 1/2 hour of trades, here are some things that I have noted:
- there are a lot of shares being sold from a number of houses (not many from anon from a percentgae point of view as compared to the other days). This in my opinion suggests that this is a broad based selling and not indicative of people in the know otherwise this would be so obvious if facts emerge after that suggest insider trading.
- There were obvious dumping of shares at market for huge lots within the first 15 minutes - why, I don't know. This is suggestive of insider knowledge and if so, its bad news. ...Jitney was one of the houses selling 220,000 shares at 0.355 within the first 15 minutes and consecutively at market price. No wonder the shares took a hit.
- Shares are starting to recover and buyers are coming back
- Interestingly, Jitney at 9:46am bought back 140,000 shares at 0.35. Suggesting that Jitney was head-faking.