OTCPK:MEAOD - Post by User
Comment by
u2bobon Feb 19, 2016 11:18am
104 Views
Post# 24574943
RE:RE:RE:RE:RE:RE:RE:RE:BFD drill program at Barry
RE:RE:RE:RE:RE:RE:RE:RE:BFD drill program at BarryBenderAlex wrote: There are many reasons why somebody would do that,,,
In this case I think somebody just want to scare other to dumb their stock at 0.05$ so that he could buy at 0.05$
Basic idea, drop a few of your shares at 0.05$ so that other people would be scared and will sell their shares at 0.05$ to you... (you`re on the bid side)
And the opposite, when you`ve got those shares at 0.05$, start buying at 0.055$ so that other people would think it will bump up to 0.06$ and will start buying at 0.055 and 0.06$.. (you`re on the ask side)
With 100000$ in your account you can easily do that with MTO..
However, with MTO sometime this stock doesn`t have enaugh volume, so i personally wouldn`t do that with these stock..
Sure looks like someone is playing with the price and low volume today...
MTO - V | 1049.0 | 0.05 · 0.055 | 416.0 | 0.05 | -0.005 | -9.1 | 225.4 | 12 | 15 | 0.055 0.055 0.05 | 0.075 0.025 | 10:12:34 | Feb 11 | 15 min RT 2¢ |
TSX-V - V | 1049.0 | 0.05 · 0.055 | 416.0 | 0.05 | -0.005 | -9.1 | 42.4 | 2 | 6 | 0.055 0.055 0.05 | 0.075 0.025 | 10:12:34 | | 15 min |
Alpha - A | | 0.05 | -0.005 | -9.1 | 3.0 | 0 | 1 | 0.05 0.05 0.05 | | 09:35:04 | | 15 min |
Chi-X - X | | 0.05 | -0.005 | -9.1 | 4.0 | 0 | 1 | 0.05 0.05 0.05 | | 09:35:04 | | 15 min |
CX2 - H | | 0.05 | -0.005 | -9.1 | 1.0 | 0 | 1 | 0.05 0.05 0.05 | | 09:35:04 | | 15 min |
Omega - O | | 0.05 | -0.005 | -9.1 | 165.0 | 8 | 4 | 0.05 0.05 0.05 | | 09:35:04 | | 15 min |
Lynx - Y | | 0.05 | -0.005 | -9.1 | 1.0 | 0 | 1 | 0.05 0.05 0.05 | | 09:35:04 | | 15 min |
Aequitas - U | | 0.055 |