"it looked like one big sell into the 003 of about 35 mill, then that may have set off a few stop losses set at volume"
Stop Losses, who would set a stop loss at .003 or .004? When the stock has already down considerbly within relatively short time period from 1c?
Maybe if the stock had been trading in a tight range around 1c for a long period of time you might try push it to .009 and see if any stops get triggered but not at .003c
I highly doubt anyone would bother to play those games on sub 1c stocks especially ones with billions of shares on issue.
With penny dreadfuls trying to read market depth is useless and technical analysis pretty much goes out the window.
Kat..
GGP Price at posting:
7.5¢ Sentiment: None Disclosure: Not Held