General Discussions, page-33496

replying to ATS
Honestly I dont know. Its either
a) someone bailing at rock bottom because they have been frustrated and lost faith
b) someone selling shares to supress the price

I think a is more likely.

When I mention algo's, Im talking about when there are (what I believe) ' legitimate sells, a computer adds/subtracts buys/sells almost instantly. This isnt retail. Eg. yesterday it was sitting at .057/0.58, then someone sold into 0.057, magically 500,000 shares in various amounts get added to 0.057 sell.
Again, doesnt seem like legitimate bids or sells, just stacking the sell side to appear like there is downward pressure. Same thing happens when its going up too.
End of the day, my opinion is still that no money can be made with these antics unless the shareprice actually goes up. Maybe its a small time gig buying a few m shares and making a few grand when it gets pumped 10%. Maybe whoever is buying at these levels is going to hold for a recovery.
With 2.5B shares out, there hasnt really been a mass exit, not at these levels where the market cap is equal to the enterprise value. Basically valuing the project at $0.