RE:RE:I can't understand all the selling today jermiah777 wrote: I've learned that strange things are being done to manipulate the buying and selling. For example if someone still wants to get 10 million shares of this company how can they get it really cheap? they obviously would like to get 10 million shares as cheap as possible? So if they've already purchased a couple million shares it's possible that they would be willing to sell 2 million shares right now into the bid if the number of buyers are so few and this puts the price down to 6 or 5 or even $0.04 and this could tend to panic all the people that have bought shares and eight nine and ten cents that are holding. some of these May panic thinking it's going to zero and so they sell and now the person who sold 2 million shares at seven and 6 Cents gets to buy 8 million shares at $0.05. And now he's way ahead of the game
You are right.....That's exactly how it is done.. and it is hapening to other stocks as well. look at NETC. These stocks are high volume traders so ... with right computer program banks and some brokerage houses are doing it consistently . They flip it for a 2 cent profit ... they make money and you have lost money. BANKSTERS !