Stock Chart Mystery The stock chart shows a repeated pattern over the past 3-4 years. 1 cent to 4 cents then down to 1 cent. Then up to 4 cents, etc. management wasn't calling investors to buy in, nor was there any news to move the stock up or down. I can't read these as pumps and dumps either.
Are those mysterious market forces at work and that's it? There was a blog in May 2011 comparing FUT with INT, but also ADX went up in tandem. Was it merely general speculation for this category of companies? Futura went to 6 cents and everyone knew the company were losing money. No logic, yet the stock moves up.
If someone could explain these ebbs and flows of the market, and their timing, it would be great. Or will it remain a mystery. These are the most profitable trading times for Futura's stock, but for no obvious reasons.
Interesting.