I'm looking for the reason or logic that is behind recent trading
activity I'm witnessing. A security, QBID trades as a OTC "penny"
stock. I have shares that I bouught through my normal brokerage
account, just as anyone can. ABC is trading at massively high trading
volumes now for months. Average daily volume 333,281,908 shares.
Several days with well over a billion shares
traded. ABC's web site states that there are 10 bil shares
outstanding. I'm looking for the reason or logic that is behind recent
trading activity I'm witnessing. A security, QBID, trades as a OTC
"penny" stock. I have shares that I bought through my normal brokerage
account, just as anyone can. QBID is trading at massively high trading
volumes now for months, with little to change in share price. Average
daily volume 333,281,908 shares. Several days with well over a billion
shares traded. QBID's web site states that there are 10 bil shares
outstanding. One last fact, the stock price has plummeted over these
months. Been trading at .0001 to .0002 per share during the massive
volume period. My question is: How, with only 10 billion shares
outstanding, can QBID be so actively traded at this volume and why
would QBID sit at the same price and trade billions of shares, when
all press and reports about the company are positive?

My take is that someone is deliberately swapping shares, huge chunks
at a time, at ridiculously low prices to keep the stock value down.
But I don?t understand why they would expend the effort and cost of
trades to swap shares all the time at the same price. And what are
they accomplishing other than driving up QBID?s bond rating. Keeping
other investors out maybe.