AndyL

loaded more GNCP @ .0002. It bounces off of this level, and it has a 1.67 Billion share bid.

Received 1 Karma
rreib
rreib Feb 11, 14 2:42 PM

Any reason why everytime there is a trade on the ask side, someone puts a 100 share trade in on the bid side? Just curious what the reason might be...

AndyL
AndyL Feb 11, 14 2:54 PM

a lot of times people do that to manipulate the stock, either to try to cause the stock to sell off to load more shares cheaper, or toxic financers try to close the price as low as they can right before their notes are due, so they can get more shares at a lower price by the company when the note is being converted.

rreib
rreib Feb 11, 14 3:29 PM

Exactly what I was thinking. Hoping tomorrow holds 3's. One of these days, I'll join your Skype.

rreib
rreib Feb 11, 14 7:23 PM

What pps are you holding out for on $GNCP?

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