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That's true..I guess because whoever wanted out is out and not standing in the way with an itchy mouse finger. All that are left are the ones smartly riding freebies and those that want in and willing to pay up for the ride.... Taking some off the table at the first opportunity really helps you relax when you get dips like this.
-Dave-
Yup......
-Dave-
This level should hold pretty good...it's yesterday's open.
-Dave-
The stock is just trading...nothing more nothing less. Stocks like to go where they've been before...If it goes below .001 then get worried.
-Dave-
I was watching that...the MM"s didn't know what to do LOL!! Look at the bid stacked at .0016...that's impressive.
-Dave-
A break of .0018 would bring the chart traders swarming which would easily push it over .002. BTW I like your siggie...memories...that was the first cigarette I ever smoked..used to steal them from my dad. :) GLTY
-Dave-
O/T MM for the Redskins!! Do the Terps have a football team?? :)
-Dave-
"""they are being hush hush concerning."""
That's golden.
-Dave-
Silence is golden.....literally!!
-Dave-
LOL...I think I'm gonna pick up just a leeeeeeeeeetle bit more. I don't think I need more than a few hundred thousand shares of this. With as thin as this trades it will move up very quickly if it breaks out. My position will be plenty and I don't think I want to own almost half of it's normal daily volume. If volume really picks up well, that's another matter. I average up, not down.
-Dave-
Mornin lefty....should be a good one today.
-Dave-
I don't know exactly but, it's nothing to really pay attention to. If you look at most, if not all pinks they always seem to have that type of pattern just before they start to really trade. I'm pretty sure it has something to do with share issuances/splits etc. as the company gets it's act together and starts to trade.
-Dave-
Picked up a little bit of this today Clay...watched it for a couple of days and started buying in this afternoon. I like the way it trades....It's thin.
-Dave-
Not a problem...thanks for the effort.
-Dave-
I saw that.....interesting.
-Dave-
Aren't we all......:(
-Dave-
I don't know what's up...but, if you've traded these things for any length of time you have seen how just a few hundred thousand shares can crash the bid....not happening here. Don't know why.
-Dave-
I am amazed at how strong the bid is on this........
-Dave-
Yup.....a few of them I've got on my ticker are starting to wake up a little bit.
-Dave-
Always seems to happen like that doesn't it? LOL
-Dave-
41m??? Damn...And I thought I was swinging a pretty big line in this one. Is he one of your disciples pilot?? :)
-Dave-
My god they are pounding the bid...NITE's buying everything that he can get though.
-Dave-
That bidwhacking is getting a little old......at least it's taking it pretty good though.
-Dave-
Yup...the longer it trades in this range the stronger the support at these levels becomes. Contrary to popular opinion I don't like moonshots very much. They never seem to end well. Steady rise usually leads to a higher probability of success. JMO.
-Dave-
Nah...it filled on the ask.....did you see that just now? Over 5m hit the bid and the bid held. Pay attention to that. I smell higher prices.
-Dave-
It could be....I'll be much more optimistic about it if we can get closer to .002. However, the bid is strong and the buyers are aggressive....got back my initial investment a few minutes ago. They took it like a........nevermind. :)
-Dave-
Martin is correct....there will be another selling wave at .0015/.0018 as the ones that bought at .0008/.0009 take their doubles and run. Over .0018 and it should do rather well from there.
-Dave-
AMEN to that and same to you brother...know yourself and be honest with yourself and you've just about got it licked. At one time what always killed me was trying to hang on for that last tenth of profit or HOPING it would trade back above support after it was broken. Never works out well. Never.
-Dave-
We shall see. One never knows what the day will bring on these things. That's why I love it so.
-Dave-
What up DD! This is my AO for now and it's a troll free fire zone. Racetracking above with anything you need.
-Dave-
Mornin Tex
-Dave-
Greetings neighbor! Haven't heard that and the way the float got eaten up yesterday it doesn't seem that is the case but, the ticker would certainly fit wouldn't it? One thing I've learned over the years...if you are in any pink you run the risk of getting dumped on. However, I read your profile and I don't think you're the type of trader that will let that happen to you. GLTY
-Dave-
Yup...until 9:30am...I'm gonna scalp some SP futures here in a bit though.
-Dave-
Here's what I know...
1.I know it's some kind of Natgas company or something like that.
2.I know the OS and that the TA is not gagged.
3.I know it made a 100% move up on above average volume which caused me to doubledown.
4. I know that I will sell if it gets below .0006.
5. I know that I will sell enough to get my initial investment back at the first opportunity.
......That's about all I really need to know. Everything else is noise IMO. LOL
-Dave-
Welcome West...It's still cheap.
-Dave-
""News needs to come to sustain this so I guess we will have to see.""
Not necessarily...sometimes price sustains price which is what happened today. Nice to meet ya Raz. GLTY
-Dave-
Don't be too keen on making that list...it tends to attract the trolls. Don't worry though. The price/volume action today will bring in plenty of real traders tomorrow. If I had my druthers I'd like to see it stay nice and quiet around here. I've been lurking for a couple of weeks but, once I saw some buds showing up I had to jump in and start chatting. LOL
-Dave-
That'll work...you can never have too big a percussion section.
-Dave-
Good eye....that's my thinking. Break that and off we go. Bought LLEG today on the same type break and you see what it did. I think most of your sellers came in today around .0007...might be pretty thin from here on up. Tomorrow will tell.
-Dave-