Dooley's stock picks

[fourkids_9pets]

want to learn how easy it is to *interpret*
what l2 *patterns* show?

true story and i've never posted on the stock
specific board due to my baggage (tho' i am a sor)

stock is NENE .. courtesy of a post on the JBII board
approx 3 weeks ago i entered NENE in my equity feed l2
to observe *trading patterns* .. think that was friday 11/5

based on that observation and minuscule DD (i checked
the filings and discovered that the OS was .. it's held
steady for well over 1 year in the 50M range) and bare
bones basic info about stock volume blowing out in sept
(based on demo easily accessed on board's ibox) and of
course checking the MM monthly volume info to see which
MM held the *MONOPOLY* (always important to understand
the manipulation that will be endemic there) i bought
my first round of NENE shares the following monday

i bought my second round of NENE shares this past monday

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in the meantime .. i discovered a few tidbits that made
sense of what i was seeing on rt l2 *trading* ~ that
was NENE is on reg sho .. i don't mean the daily data
put out by finra .. rather that exclusive list proving
how bloody useless our system truly is :)

since nothing *changes* where *counterfeited* shares
and legit co.s are concerned .. and why imo the stock
doubled after sept's *demo* proving co.s *legitimacy*

ironically (timing wise) NENE has been on reg sho since 11/4

http://www.nasdaqtrader.com/Trader.aspx?id=RegSHOThreshold

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MM MONTHLY INFO >>> watch where volume blows out

SEP Total Share Volume 1,775,152

OCT Total Share Volume 16,188,359

NOV Total Share Volume 16,764,798

SOURCE

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in the *churn* stage or *circular* trading .. notice how
the first *2* MMs' show almost an *identical* amt of vol?

there is a reason for that .. i rarely prefer to make pps
predictions .. but i can easily see NENE doubling from here
literally within a matter of weeks

since *they* need *shares* .. and not the *swapped* kind
so endemic to the co.s *PRIMARY* MM and *cohorts*

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Circular Trading

What Does Circular Trading Mean?

A fraudulent trading scheme where sell orders are entered by a broker who knows that offsetting buy orders, the same number of shares at the same time and at the same price, either have been or will be entered.

Investopedia explains Circular Trading

These trades do not represent a real change in the beneficial ownership of the security.

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based on watching l2 .. there are only 2 MMs' worth observing
regardless of the smoke and mirrors shown .. those 2 are

NITE and AUTO

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Date	        Open	High	Low	Close	Volume	 
  
 11/30/10	1.5999	1.77	1.58	1.71	1,532,698 
 11/29/10	1.55	1.60	1.511	1.571	425,142	 
 11/26/10	1.53	1.54	1.49	1.525	72,928	 
 11/24/10	1.54	1.55	1.45	1.50	214,001	 
 11/23/10	1.451	1.56	1.451	1.51	650,357	 
 11/22/10	1.48	1.50	1.39	1.47	568,937	 
 11/19/10	1.585	1.62	1.45	1.50	828,861	 
 11/18/10	1.56	1.59	1.55	1.57	845,841 
 11/17/10	1.44	1.55	1.44	1.52	1,095,415 
 11/16/10	1.43	1.48	1.41	1.44	770,189	 
 11/15/10	1.325	1.42	1.32	1.41	830,520	 
 11/12/10	1.30	1.32	1.26	1.28	207,975	 
 11/11/10	1.26	1.329	1.255	1.29	360,041	 
 11/10/10	1.18	1.26	1.18	1.26	231,986	 
 11/09/10	1.30	1.34	1.17	1.17	654,536	 
 11/08/10	1.195	1.32	1.18	1.29	406,378	 
 11/05/10	1.31	1.31	1.13	1.21	1,214,679	 
 11/04/10	1.43	1.48	1.25	1.32	1,142,292	 
 11/03/10	1.47	1.50	1.37	1.43	1,055,918	 
 11/02/10	1.4475	1.47	1.37	1.46	1,521,201	 
 11/01/10	1.2325	1.455	1.20	1.40	2,263,051	 
 

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last trade info on NENE ~

check the volume

Detailed Quote:NENE
NEW ENERGY TECHNOLGS
1.920.21 (12.28%)AS OF 11:58:17AM ET 12/01/2010

 Last Trade	1.92 
 Trade Time	11:58:17AM ET 
 Last Trade Exchange	 
 Today's Change	0.21 
 Today's % Change	12.28% 
  
 Open     	1.825 
 Day High	1.93***  
 Day Low	1.75 
 Previous Close Price 
 11/30/2010	1.71 
 52-Week High 
 11/30/2010	1.77*** 
 52-Week Low 
 12/31/2009     0.31

Volume 1,323,901
Average Volume (10-Day) 700,437
Average Volume (90-Day) 394,783

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4kids
all jmo