Learn something new everyday I learned something new today! So Jitney trading is basically fraudulent trading between friendly houses to artificially inflate volume. There is also a brokerage house that named itself Jitney (seems like a strange choice) who is buying all they can in the mornings at 14 cents and dumping all they can in the afternoons at 12 cents.
Call me crazy but this sounds like a bad plan. Or at least a very unprofitable plan. Who does this benefit exactly other than the smart people who got filled at 12 at the close? I am not even thinking about selling one share yet, all eyes are on CTW right now and I have a feeling those that hold this are going to be very happy very soon.