InvestorsHub Logo
Followers 958
Posts 78620
Boards Moderated 6
Alias Born 02/01/2005

Re: None

Wednesday, 03/13/2013 4:44:52 PM

Wednesday, March 13, 2013 4:44:52 PM

Post# of 298910
MYEC here's what happens when a set of values come into play when a symbol is more or less dormant in volume, see here for volume data 200 days: http://www.profitspi.com/stock/view.aspx?v=price-and-chart&p=17408&i=MYEC&pv=recent-symbols&pp=MYEC#&&vs=634988027192378759

Above you read .035 for quite a ways back with little volume.

What happened at the start of the day, that is 12:35?
100k brought this down from .035 to .008

It wasn't that big if deal if you know what the MM/Group and their cohorts are up to. If you look at the mouse-arrow you'll see a 100k A/D Drop. That's considering the 30k, then 70k before the next trade. Also your looking at a 1 Day PPS ~ A/D Chart:


Understand it dropped

MYEC .003 -91% bloated s/s though: monda2frida 03/13/2013 12:42:41 PM
on low volume.

What does that tell you when 99% of the trades went off below .002?

Take a look at when we hit .0015:


Do you think most of the shares traded were after 1:15? Absolutely!

Also look at the PPS line going across with over 45 million shares traded and very little change.

IMO, this was not a dump per-say.. it was set up between the MM/Group, the one selling, the one's buying, and retail.

All the way down, and incrementally.... this one was being bought.\

At 12:35 the day's A/D was a negative 30k
A/D low of the day, a negative 22.49 million
A/D end of day? a negative 17.28 million

Volume for the day>?
57,643,412

We lost 22.49 mil
Gained back 22.49 minus 17.28

We get an initial UP return of = 5.21 million
But if you consider total accumulation/distribution the PLUS side of the day definitely outweighs the DOWN side.

Let's see going forward for the next few weeks if this one wasn't set up.

Remember... about the time you think trading from the Market Makers side is just sporadic and doesn't make sense? Trust your instincts.. they have trading strategies for all types of set-ups going forward that you can't imagine!

Market Makers make very little from the buy/sell side, they make their millions by setting up plays, either to the UP side or DOWN side.

sc

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.