Satellos Bioscience Inc Com V.ICO

RE:since june 18 163,104,589 million shares flipped

[DrHoliday]

Based on the recent news, I think at least 60% of the volume was purchased by new shareholders and sold to by profit takers, and now concentrated into stronger hands, however 40% of this total volume is probably pennyflippers (daytraders) generating back and forth volume and playing the spread up and down.
The good news is that since this type of trading does generate high volume, it presents real investors with an opportunity to accumulate by buying the dips caused by this volatility.
We can only guess how much volume was short covering.

A big chunk of the cheap paper below the 7 cent level has been turned over like a steak being cooked on a barbecue grill.
Well done with garlic salt and pepper.