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  • keep_investing keep_investing Dec 13, 2012 10:23 AM Flag

    ACTC started out ok today, but now its headed down once more

    That's what happen when there's no news, it turn's red, and we turn blue.

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    • It looks like a very large position or positions are being unwound here. They are feeding what seems like unlimited amounts of shares on to the market and trying no to get too low of a price. They want out but don't want to tank it all the way down to .02 or so. Their timing is what seems to determine the price. As the end of the year approaches they will get more desperate so the price will not climb until they run out of shares. They probably want out before the end of the year because they got them for free and want to take advantage of lower cap gains. Painful for long term investors but by now we should all be used to it.

7.18+0.23(+3.31%)Oct 17 3:59 PMEDT

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