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Good Eye...... but be careful it is probably a scam or a mistake.......It only has a daily volume of 1000000, so there is a big chance if you got in you could not have sold it......But this is just my opinion....
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On no news too... can someone who is well-versed in OTCBB stocks explain what exactly happened? Is this artificial or did some people actually make some huge gains in hours time?
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It traded 1.2 mil shares it ran from.002 all the way to 1.50 on no news maybe there is some news in the wings. This was not just in the last hour it had been trading up all day.
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Well as soon as the market opens monday I am going to buy this stock when it hits bottom again. It looks to me from there charts that this stock hits at least 6 or 7 times in a month to an insane amount of percentage. Just think if I had put in let say 100000 shares for .0020 and sold it for 0.5000 I would of made $50000. WOW!!!! What do you guys think?
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I think you would find it easy to buy 100,000 shares but you would have a hard time selling 100,000 shares. This stock might be getting manipulated to bring in $$ for the directors...need to do some dd. Def raised the curiosity bar.
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quote:Originally posted by Fallstaff: I think you would find it easy to buy 100,000 shares but you would have a hard time selling 100,000 shares. This stock might be getting manipulated to bring in $$ for the directors...need to do some dd. Def raised the curiosity bar.
I'm with you on that Fallstaff---don't ask how I know! I watched it today from the sidelines. I noticed that it would go up to .50, but the only sells going through were at .25 or less--and not many. Still a great profit IF you were able to unload, probably in small share size a couple of times. Good luck, if anyone got in, hope you make the $$$.
quote:Originally posted by sabastion135: Well as soon as the market opens monday I am going to buy this stock when it hits bottom again. It looks to me from there charts that this stock hits at least 6 or 7 times in a month to an insane amount of percentage. Just think if I had put in let say 100000 shares for .0020 and sold it for 0.5000 I would of made $50000. WOW!!!! What do you guys think?
Sabastion135
Hey Sebastion, how's torrington. I grew up in Winsted. Not much else out there but to trade stocks and go to the Warner.
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This is unreal. Someone is manipulating this.
General Magic Inc (GMGC)
Bid 0.01 Ask 2000.00 Last 0.50 Open 0.002 Close 0.0001 Change 0.4999 High 0.50 Low 0.002 % Change 499900.00 Volume 1224585 Last Size 100 B/A Size 200X100 Last Trade Fri Jan 23 2004 15:54:32 Asset Type Equity UPC 11830 N P/E 52 Wk. High 52 Wk. Low Quote Type Real-Time Exchange OTC
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I was doing some dd looking to see if Neomedia (NEOM) had won their lawsuit yet and I remember reading something about a patent lawsuit filed in 2002 or 2003 by General Magic (GMGC). Maybe something to do with that. I'll try and fid it again and post
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So yesterday, you could have not bought any. The day before, probably the same. And on the days that the stock does trade, it is only a handfull of shares. There are hundreds of stocks like these that have virtually no volume, and in one day just a couple people can cause the price to change thousands of %
Tomorrow, there may be 0 volume again, who's to say. Either way, it's a lost cause trying to figure out what happened and why with these kinds of stocks.
Torrington is fine, a littly cold though today. Where in winsted did you grow up. I actually grew up in New Hartford. How old are You, maybe I've seen you before. Whats your name?
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Yeh, something was definately up here, and CRWN was the only MM listed on my level II, and they show 'closed' now, which is unusual. Believe me, no one became millionaires yesterday. I'd stay far, far away from this stock, JMHO...
------------------ "... For the things which are seen are temporary, but the things which are not seen are eternal." 2 Cor. 4:18
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The company is in bankruptcy and are distibuting assets do not buy chek scc filings on pinksheets.com U buy the stock that money will bo gone by by