Yes it appears to be pump and dump -- traders I assume. When it gets down around .08 to 1 they clog up the lower bid positions with millions and control the buying-- then it gets pumped .They then clog both sides of the buy and sell with large bids and leave a blank spot as the only exit or entry point for some mug( like me). From today's trading , it appears to me that they are in sell-down mode at 1.4 -- watch the lower bids evaporate as they progress to sell down at lower levels -- in my view its the traders propping up their own position so that they can sell out at higher levels and then repeat the whole cycle all over again. Only my view , but would be interested in the thoughts of others. regards Q
MLS Price at posting:
1.3¢ Sentiment: LT Buy Disclosure: Held
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