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CorMedix, Inc. Message Board

  • markak1515 markak1515 Mar 1, 2013 3:58 PM Flag

    games

    So here is the game they are playing:

    1) but large blocks of stock early in PM (virtually undetectable with this stock)
    2) sell into the close on small volume to tank the stock

    My guess is #3 will come on Monday when we see another large purchase in PM. Seems like someone could accumulate a lot of shares cheaply with this strategy...

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    • I think the AM print was a head fake to try to create interest. Someone is selling. Let them sell.

      • 1 Reply to luckytrufflepig
      • Don't you think if they wanted to head fake they would have bought their 35k in multiple lots right before the open to try to get people excited? Or maybe followed through with a few more buys at some point before 3 pm? My take on it is that they wanted a lot of shares but did it at 8 am to try to hide it. 35k worth of buying in this stock will move it up significantly during normal trading hours. This buyer got 35k shares, only had to pay $0.92, and didn't move the stock at all, which means he can keep buying cheap next week. All I'm saying is if they were trying to create interest, they did a REAL #$%$ job because I think the 3 of us are the only ones that even noticed the early PM action.

 
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1.61+0.01(+0.62%)Aug 24 4:02 PMEDT