REPLY TO POST 6411
See this :
Symbol
TXMC
Last
0.0006
Change
0 (0.00%)
Bid
0.0006
Ask
0.0007
High
0.0006
Low
0.0006
Volume
281,000
Time (ET)
1:39:13 PM
If you look at Post 6411, you see this in the Post :
Symbol
TXMC
Last
0.0006
Change
0 (0.00%)
Bid
0.0006
Ask
0.0007
High
0.0006
Low
0.0006
Volume
280,000
Time (ET)
11:53:13 AM
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So here is the most important part of my analysis : ...... Did someone go out and buy 1000 shares — as a separate transaction — after another person or account bought the original 280,000 shares earlier ?
THIS IS KEY : ...... NOT AT ALL ! ! !
What we have here is ONE PERSON OR ACCOUNT, with a standing order to buy ( example follows ) 800,000 shares, for the day, at a price of $0.0008 ( or lower, of course ).
That person or account got partial fills — up to 11:53:13 — totaling 280,000 shares — — — and then — — — got their final partial fill of 1000 shares ( against the same order ) at 1:39:13.
This is key to my analysis, (i) because I see this kind of action quite often and (ii) because it is clear that no one would buy 1000 shares at $0.0006 — for 60¢ total — and pay an $8 or $9 commission on that transaction. ...... ( Not that it does not happen on occasion )
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HERE IS THE CONCLUSION OF MY ANALYSIS :
What we have here is a person or account — who makes a standing daily order of a large number of shares — and gets partial fills along the way, for the day, until the order closes. ...... FULLY FILLED OR NOT.
This can be done with a G.T.C. order for a very large amount of shares, at or below some very good price, which gets partial fills, almost daily, until the order is closed.
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SLOW and STEADY and (almost) SILENT accumulation is happening, and that accumulation tells a REAL STORY ! ! !
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Agree or not, that is the crux of my analysis : ...... Somebody knows something, and that something (whatever it is) makes them want to BUY TIREX — SLOWLY — STEADILY — and at a DESIRABLE PRICE !
Agree or not, ...... that is where I stand.
Until2017 ( when the TireX patents expire, more or less )
