He's backAfter a few days off the RBC investor is back dumping shares. It is his usual 100,000 share offer at $.05 a share. He (I am making the assumption the investor is a he) hit the bid for 45,000 shares at $.05 and the offer of 55,000 shares at $.05 is still there.
Still no insider trading reports which is somewhat reassuring. But you have to wonder who is this guy and why the big dump. Why would he dump so much stock? What does he know that we don't know? I mean isn't it worth hanging on to the shares rather than getting $.05 a share selling?
And the 330,000 share bid at $.045 just sits there. Trying to save a halve cent? Or establish a floor.
Looks like more bottom feeding to come. The downside of bottom feeding is $.05 and the upside is ????