You must not been here that long, this thing has not moved over .25 cents in months, traders will not even bother trading it, since their is no action. There are thousands of other stcks that will give them more action on a daily basis than this one. They trade on immediate potential and news (catalyst) to get he return they need and definitely not one without news for months. And if there were ant catalyst t trade ths against, which one is worth waiting for? Guys been waiting for months here with cobwebs forming in their lips and still nada has happen. Definitely not a trading stock.
Date Open High Low Close Volume
Mar 19, 2013 0.45 0.46 0.38 0.42 825,200
Mar 18, 2013 0.49 0.49 0.45 0.45 1,134,800
Mar 15, 2013 0.39 0.49 0.38 0.45 1,795,200
3/19 stock traded in an 18% range
3/18 stock traded in a 10% range
3/15 stock traded in an 28% range
Today stock trading under 100,000 shares and has move about a penny
Show me any small mid large companies that anything close to this volatility. By the way the stock traded at 27 cents a couple weeks ago and now is trading 56 % higher.
Tony...this stock is always will get played by the pros on its way to maturity.....Its has all the elements that they like.....low price, fear and unknown, huge opportunity, big market, frustrated longs, etc etc. Like a good magician these guys come in use their little basher groups and really try to shake the tree for their benefit. In my experience seeing such manipulations during past few years the best course of action is NOTHING or use their tactics against them....take advantage too! But mainly just be patient. Focus on the fundamentals of the company and as long as they are intact the price will converge sooner or later.