If you see this trading there's no doubt, this share price is manipulated, Also the same old story, whenever these management guys made one of their “financial transactions” the share price broke down.
allcomrfq resistance to 1.00 19-Jul-10 01:34 pm Why the resistance at 1.00
Thats why: Jack "loser" Talley
In February 2010 EpiCept established an “At-the-Market” offering program through which the Company may, from time to time, offer and sell shares of its common stock having an aggregate offering price of up to $15.0 million through its sales agent. Sales of the shares, if any, will be made by means of ordinary brokers’ transactions on The Nasdaq Capital Market or, to the extent allowable by law, the Nasdaq OMX Stockholm Exchange, at market prices. EpiCept may utilize this program at such times and in such amounts to minimize any disruption to the trading of its stock. In times of low trading volume the Company may severely limit or refrain altogether from using the program. The Company expects to use this facility to meet liquidity needs that may arise in the event any of the anticipated cash inflows are delayed or do not occur, and it may seek alternative sources of financing, such as issuing additional debt or equity should funds raised through the program be insufficient to timely meet the Company’s liquidity requirements. The Company began utilizing this program on a limited basis in April 2010.