Right now there's 1 buy order for 3mil shares at 0.002 and 2 sell orders for a total of 1.84mil shares at 0.001.
What if these buy and sell orders are from the same entity?
It looks to me like someone is doing his/her/its best to wear out the long suffering holders.
If you become impatient and want out, you will basically have to sell at 0.001 which will be matched with the buy order at 0.002. But if they reduce their buy quantity nano seconds just before open and also cancel their own sell orders the matched price will be at 0.001. So they'll grab your shares at 0.001.
On the other hand if you want to buy, you will have to either join the end of the 0.002 buy queue or the end of the 0.001 buy queue.
Now if you join the end of the 0.001 buy queue you'll probably wait a long time. But then again if they suddenly pulled all buy orders from the 0.001 queue you'll be really scared won't you? That is, you would hope the 0.001 buy queue to continually be stacked.
And if you join the end of the 0.002 queue they could remove their 3mil buy at 0.002 and effectively matched your 0.002 buy to their 0.001 sell. And if they reduce their 0.001 sell quantity to just 1 less share than your buy it will match your buy at 0.002. So they can jump the sell queue or the buy queue depending on what are the orders on each queue behind them, making 100% churning around here. Thirsty blood suckers!
We have no proof of course that the buyer and seller are one. But it looks suspicious. When will these crooks finish with their game?
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