Roy Wasp
I invested in a stock that trades 40 cents to 50 cents. It had until mid March to be at a dollar,or be delisted. They got an extension until Sept.2010. They raised funds from a couple of stock firms, I'm guessing ,by using unlisted stock. 17 million ! Now the stock just trades close to 40 cents and is held there by the constant trading of 100 shares at a time . If it starts up they will sell !! at 40 cent. And if not they are buying at 40cents. Since March. Looks to me like their just loading up for a sell at above one dollar . Gee Whiz, at only 100 shares a trade at .40 , thats just $400 !! hour afer hour ,day after day. If a 1000 to 3000 share trade comes , they let it through. Then drive it back to .40 with a sell.. What Do you Think . Is that stock manipulation ? or just a way it's done ?