InvestorsHub Logo
Followers 220
Posts 4058
Boards Moderated 2
Alias Born 02/05/2010

Re: None

Wednesday, 09/15/2010 1:05:08 PM

Wednesday, September 15, 2010 1:05:08 PM

Post# of 144814
One more time for those that need repetition to understand:


L2 on this stock has been very thin moving up. The stock can move on very low volume. The point is not dollar volume but i will get to that. The point is there have been very few shares for sale at this low pps. When I show you real time bid 50k and they sell me 5k and move ask up, that is what i am talking about. When i put my bid on top of MM and he sell me ONE share, that is what i am talking about.

The unkown now is how much volume and pps decline, if any, will be stirred up by getting the .pk today/// is it already priced in or not? will it lead to new 52 week low or not? NO ONE knows the answer to that but logic might tell you that if it got to 004 w/o the .pk it could go lower.

Now if you look at history, this stock has always had periods of low dollar / trading volume as we have seen here of late. One of the reasons i am interested in this stock is that it wakes up with surges of volume, at times on no news and at times with news. When that happens i have made gains of 200-300% several times on trader shares. I have certainly seen the overall trend in this stock, so the key is to move in and out based on the lows and highs of the trading ranges, while holding a core. By doing this i have gotten my average cost per share on a 450k core to just under .009. How many of you besides Mixr have an average cost of 5-10x that?
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent PMCB News