IBN 0.00% 2.0¢ ibuynew group limited

To me it looks like the price was pushed up to 3 cents to flush...

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    To me it looks like the price was pushed up to 3 cents to flush out some sellers. They then accumulate slowly until they need to bid a higher price.

    If it were a pure pump and dump the turnover would be much higher. You can see most sellers are now offering in the 3 to 4 cents range and no longer accepting lower bids. That's not to say the price can't move down, but it does look like accumulation at below 3. IMO
    Last edited by BazzleDog: 11/09/15
 
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