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Author Topic: EAHC - Near the close friday 04/15 there was 1 million share bidder through ARCA  (Read 1104 times)

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dr0832

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 EAHC had a 1 million share bidder through ARCA ecn on Friday into the close. The bidder kept raising there bid from .30 then .31, .32,.33, .34, and then .345. This stock was just listed on the OTCBB up from the pinksheets and it did a reverse merger. There is either somebody short a whole crap load of this stock that needs to cover immediately, or else somebody is trying to buy a ton of it for watchever reason. Maybe they are expected a CXLT type run, or this could be the next LEXG. I am assuming that this thing will have a big spike this week because it trade 3 million shares friday, and moved 22%. If this person has to cover this is going to cause a massive short squeeze. I think 50%+ is possible. I am not pumping this stock in anyway but I have been trading small and micro caps since 2004 and I never saw somebody blatanty put up a 1 million share bid like this. I am watching this one like a hawk.

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