Check out the 911 sale. This could be a major signal of warning. They show up every now and then, so keep your peepers open.
Notwal posted this: "I noticed mglg closed with a trade of 911 shares. Saw this on the other site:
I believe that Market Makers (MM) will "signal" moves in advance buy using small amounts of buys or sells as "signals". The "signals" are such a small amount of shares (worth no more than 5 or 10 dollars) that no trader would have paid a commission that costs more than the amount of shares bought. The "signals" are from one MM to another.
100 - I need shares.
200 - I need shares badly,but do not take the stock down.
300 - Take the price down so I can load shares
400 - Keep trading it sideways.
500 - Gap the stock. This gap can be either up or down, depending on the direction of the 500 signal.
911 - Pending News
Can anyone confirm or is it just another myth? "
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They do it all of the time. What the signals are change from position to position it seems. You will find sales in there for 100 shares at .0008 or 800 shares at .0008. But a 911 raises suspicion. Lets see tomorrow if there is anything to it. It will be a good test of this 911 sale. Also, let's see if any more 911's show up and see what happens after they appear. Good eye, Notwal.
http://www.coloradohandyman.com/mglg.jpg