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Seems like they drop the ask and then buy more. Every sale going through my TDA streamer is green. Usually if someone sells on the bid, they print red. I've never see the SP go down with everything being printed green before. This is weird.
Maybe the MM's know something and need cheap shares.
I don't think they'll catch much.
Unless they are selling at the ask, everything going through at the ask. I can't tell but it sure seems like they are buys.
Everything crossing the last sale ticker is a buy...I don't think anyone is selling.
Time to load the boat...thank you panic sellers.
Excellent post! I couldn't agree with you more. I'm new to the FLD process and you are right, this is the sucky part. But patience is a virtue and will be rewarded.
I'm strapped in with a 5 point harness because I think the market are headed south for an extended period of time. I'm loaded with CDIV though, seems like the pinks don't really react to market sentiment.
Good morning all.
We'll have to unload the retail seller first thing AM. Load the dip and be prepared for a strong move upward. I'm going to try and double my position AM if I can.
I'm going to try and load the boat tomorrow AM but I can see this trending lower all day due to it being Friday, retail folks bailing to take less of a loss and loss of interest due to steady tankage today. CNEX is still a good stock but it needs to hold 7 for folks to stay interested. I'd love to snap up shares at 5 but I'd rather pay more at 7 knowing we have good support rather than get them cheap at 5 and watch retail bail like crazy. ENTI did this last week and they are wallowing in the 4's after going through a penny. CNEX needs to hold 7.
I'll be buying a ton during the morning tankathon. If folks want to stop loss CNEX then I'll gladly pick up their shares. Funds from OOAG will clear in the morning.
OOAG profit, say hello to my little friend CNEX.
Smitter,
I'm going to try an load more on the dip tomorrow that you and more than a few others have predicted. My guess is it bounces off the 7 level and heads higher but I wouldn't be surprised if the drive it down to mid sixes. Either way, I think I have a good shot of loading the boat.
JP
I'm going to try and pick up some more shares tomorrow if it dips. We were holding so strong over a penny and the it just dumped all day. I'm not sure what happened but maybe some consolidation is in order for the next few days to begin the next leg up. Problem is, a day like today could have turned off a lot of eyes from CNEX to other things. I imaine most of the folks who bought in pennies for the first time bailed during the rundown. They won't be coming back which sucks.
Time to buckle down and hold the shares.
I hope this doesn't pull and ENTI which had the same kind of run and is now back in the low 4's
Well, we got about a half hour so if they are going to do it, I say it's time to get the party started.
Appears most of the profit taking is done. I'd like to close green 85 or 86 would be fine with me.
That is a great point I wasn't even thinking of. Maybe a few days of consolidation in the 8's won't be so bad for CNEX.
Do you think we are entering another period of sideways consolidation? Obviously flippers got out today on the run over a penny. Could we expect an 8 floor for a couple days before the next leg up?
Tough watching the price freefall but it came back up just as fast so I'll believe it was complete manipulation. Guess the MM's just destroyed all the stop losses.
I couldn't get out of OOAG fast enough to put profits in here. Missed the 7 shake although I don't think I would have bought, I was scared and I'm not ashamed to admit it. Glad that's over...upward and onward.
Wow that was hard for me to watch...glad I didn't sell!
end of day buying perhaps.
Seems to have slowed down a bit here. Hopefully power hour pushes this past 2
77 x85 what a spread.
I'd like to add more but I can't. I'm going to wait this one out and see what happens. Power hour should be interesting. The intraday RSI is showing way oversold but that doesn't appear to phase the MM's or the sellers.
i can see the non volume but who are they taking out...those that bought over a penny? Probably don't need to drop it below 8 to take ot those stop losses.
This is getting killed, WTF is going on?
It seems to be very light. They dropped is .0002 on 27K shares. Seems like manipulation to me.
What happened? I leave and we are over a penny and come back and it looks like a dump has begun. WTF happened?
Well apparently it isn't working so how about the MM's back off and let this run.
What d-bag MM keeps dropping the bid to .011?
No one is selling and all buys are going in at the ask.
I'm holding on. Doesn't look like many people are selling. I'd like to see a break of 2 today but will be happy if we close high 1's
Maybe but for now, I'm along for the ride.
I'm giving her all she's got captain!
Holding strong here, the MM's can have my shares when they pry them from my cold dead fingers. GO CNEX!
Seems to have slowed down for lunch hour but not losing it's gains. I'm happ with this pick and will be holding for larger gains. Wish I had found it earlier.
Yeah I'm in for the long haul. Chased it a bit but I think I'll be OK.
I'm in at the top today but hoping for gap and fill to push us through .015
WTF is up with that on no volume. Give me a break.
Diving in this morning, where do you see the PPS going.