TVI Pacific Inc V.TVI

TVI: Where the gaming industry and microtransactions meet

[Bludstan]

Just rambling, but notice there's a 400 share transaction up as the only trade of the day. that's a whopping 14$ bucks to buy that many shares + fees depending on your trading house (let's say 9.95$/trade), which means anybody buying that either thinks the share price will exceed .06c (to turn a profit including the fees and the resulting 8$ of profit should it hit .08c or something is a good investment

or... 

this is price manipulation. I see these micro transactions on the bid and the ask, and don't know who is benefiting and how, but from my limited views, can only speculate what is at best a bad investment must have some other motive behind it? 

Any thoughts?
B.

[Bludstan]

actually.. editing myself, there would probably be selling fees too, another 9.95$ to sell, but for that much, associated parties must have a stack of shares on the side. anyways.. just doesn't add up? B

[rockingrooster]

400 share trade is most likely made by a Market Maker whom do not pay $9.99 trading fees.No normal investor would buy 400 shares of a .03 stock.Could be some sort of communication with other market makers.Probable goal may have been to reduce current share price to .03,however trade was too small to register.

[babybunny]

I have been a victim of market maker abuse before, much worse than this. I had an order to buy a few hundred shares of a stock that trades on Bolsa Lisboa.  Got a fill for one share, and had to pay my broker a commission of $85 that far exceeded the value of the share.  Wish I could tar and feather the d-bag market maker responsible for this mischief. IMO investors should be able to

[rockingrooster]

you should be able to have your limit order as " All or Nothing" or something similar.gl