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Slowly bid support coming in. But they need to move up
$ELTLF
Exactly and with the larger spread it looks worse than it is here with this drop today.
MMs buying everything people are willing to sell on the bid $ELTLF
The shares sold today was the fool that bought 008s Friday. Traders these days have no patience AT ALL. MMs sucked all his shares out at 0045. Glad he took his almost 50% loss since he couldn't even hold for 24 hours. Weak traders are ridiculous.
$ELTLF
Agree with you on that. ELTLF.
Can and will soar HUGE!
$ELTLF
Yes and any momentum and this could soar again.
Little by little were inching back to penny land. Another 20% day and we're there.
$ELTLF
12% Thur and 14% today. Nice.
$ELTLF 008 Close. +14%
next week we cross back into pennyland!!!
huge hit on the 008s
she ready to go now!!!!
$ELTLF
008 print.
thin indeed
$ELTLF
Thin on L2 ELTLF
ITS CLEAR HERE THAT THE MM's ARE READY TO RUN THIS!
$ELTLF
Thanks. 008's up.
0079s GONE 008s UP!!!! $ELTLF
excellent post, and very well said
$ELTLF
Thanks and very true.
Excellent post Garyst!! To add to your point, some of these posters enjoy talking a big game. One of my "Self Quotes" is "Trust your Gut, not someone else's Gut."
Posters try to manipulate the PPS more so than the MM's.
"Just do what you do and Good Luck To You."
(another self quote)
SP
Garst, in a nutshell, stay away from junk. Here's a tidbit. Huge action right now in the VIX Jun 17 18.00 Call. The VIX is only 12.09 today. 150,159 contracts traded today alone with 280,000 in open interest. The notional in play is over 15 million today. What does that tell you? Someone thinks we are headed into some very volatile markets within the next month . So how do you trade the VIX? Several ways but I ca't mention what to trade but look where I have been posting there yesterday. Starts with a U, trade either the ETF of the Options.
FWIW that contract last traded at .46. Ten contracts would only cost 460.00. That's not huge but a much more likely play to go big. It could go to 5 or 6 bux if those player trading the hell out of the vix are right. Could you handle that kind of buy in and gain? Sure you could.
Couple points. I see it all the time. On plays that go down large posters that think they know it all will harp on others "You shouldn't have put that much money into a penny stock". Now I'm reading the smaller amounts aren't good enough. Well let me say this: Maybe to someone putting $200.00 into a penny stock with the hopes for making $200 or $400 off of it is a big deal to them. Is that so wrong? This stock rose 18000% this week and was up over 100,000% at the peak of 11 cents. It's now in the 007's. The potential that it could double or triple from here is the same as in any other stock. It is all a gamble on penny stocks. Maybe someone is struggling out there and going thru tough times and is just trying to make a couple Bucks. Is that so wrong? Not everyone has 20k and 50k to invest into the markets.
This is not directed directly at you but just saying in general.....
Total Volume 932.47. Please tell me that you pay more attention to the total dollar volume than the percent change especially in these thinly traded mirco caps. Look at the trade sizes for Christ sake. What, are these traders on food stamps?
Indicator Tick Price Size Time
T 0.0079 10000 11:43:51 79.00
T 0.0079 25000 10:54:58 197.50
T 0.0079 10000 10:50:58 79.00
T 0.0079 10000 10:08:57 79.00
T 0.008 7777 10:00:46 62.22
T 0.008 10000 9:49:41 80.00
T 0.0089 15000 9:39:29 133.50
T 0.008 5000 9:30:24 40.00
T 0.0081 2500 9:30:06 20.25
T 0.008 20000 9:30:03 160.00
T 0.01 200 9:30:01 2.00
932.47
As i said yesterday, here we are again going up on extremely low volume. any buying pressure sends this into orbit!!!
$ELTLF
This has shown major support here as a bottom and that it's moving up. This will run again very soon.
$ELTLF
That it doesn't on ELTLF.
Doesn't take much for this puppy !
$ELTLF
18000% Tues on just 10 mil in volume. Very low float if some buying comes in now.
Yup runs hard on any buy
$ELTLF
Yup. 18000% Tues and 110000% at the peak at .11 early on in the AM.
Yup with any buying pressure.this is on ! It's clear as day that the MMs want to push this up !
$ELTLF
Any buying pressure and ELTLF could make a multi hundred percent move from here.
Another whack and still sitting strong not budging on 007 3 deep! $ELTLF IS STRONG!
Agree. Selling of yesterday is over and most bought in at the 015-018 range Tuesday.
Can run extremely hard. $ELTLF is solid.
Sells don't even budge the bid!
ELTLF ran 17000% Tues and was up 100,000% to .11 midday on just a few million shares. This can run hard with very little volume.
$ELTLF ultra thin! And refuses to go down even on sells. I love it!
Something going on here and i like what i see. Count me in! $ELTLF
It don't take a Buffet to predict these. All it takes is experience and I have seen it too many times to not know whats going to happen. 006 was pretty dang close to what I said it would be at.
Still think JPM is holding this? lol
I think I was MUCH closer in saying yesterday morning it would close closer to 003 than 03. If I'm not mistaken 006 is closer to 003.
ASX Price Inquiry Letter
Price Inquiry Letter to ASX
Etrade is showing 0051 X 006
Scottrade is showing the bid higher than the ask. Never seen that before
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