5k shares traded @ 0.0025 @ 3:58 = $12.50
posted on
Aug 26, 2010 09:03PM
Someone traded 5,000 shares to knock the price down to .0025 2 minutes before the close. This was a $12.50 trade. I strongly suggest that one check the volume before getting all upset at how low the stock traded today. The sky is not falling.
I am putting a floor buy in at 0.003 to support the share price. If my order gets filled OK or if not filled that is also OK. If someone wants to purchase shares at these IMHO give away prices just place your buy order above my floor price.
If someone does any predatory selling below my buy price someone should be asking why.
MISH