InvestorsHub Logo
Followers 177
Posts 11263
Boards Moderated 0
Alias Born 04/04/2011

Re: zekester15 post# 12890

Thursday, 02/26/2015 10:42:08 AM

Thursday, February 26, 2015 10:42:08 AM

Post# of 27076
I slapped the ask @ $.0166, as I have little doubt where this will be at the end of March. Given the current chart setup, an ask slapping raid could really get this moving after getting past BMAK @ $.017. We have seen it before and there is no reason to believe it can't happen again with some decent buying pressure. If people just stop to consider that by buying at the ask helps the stock gain upward momentum as they get in and by using lower bids only tempts the stock lower after getting filled. It's not worth the little one can save with a lower bid than if they would have come in and bought heavy at the ask. If you want to buy @ $.016, wait until the ask is at $.016, but refrain from giving the MM's ammunition to take it lower with these large bids below the ask. Cheers!

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.