We'll see about that.

Yeah? Watch how ridiculous it is when it takes off.

I'd say we did okay

With the way today's trading went, at the end of the day especially, next week could get really interesting.

I never said it was a paint job. I said it was messed up. And you're saying that the opposite is true is just totally false, because there were several trades that went through in the last few minutes, if you look. So it is valid.

I'm never fascinated by the day-to-day postings of people regarding trading that takes place on a daily basis, because there are many different types of traders/investors, and they're not all waiting for the one magical day a deal happens and they become millionaires. That being said, perception is a large part of trading/investing, and when somebody sees something drop 20 points as opposed to 5 points, in their mind that could be a negative thing as opposed to just a stock dropping 5 points. So, two things could happen today: People could realize that this went down way too much yesterday and this is a very cheap price, or they could think this thing is tanking and theyd better get out before it goes down further. We shall see. I'll go with the former.

Agreed.

So what if there were a lot of sells at that price. That's not the point I'm trying to make. And there were a lot of buys over one penny, too, but we didn't close anywhere near it. So what's your point? All I'm saying is that if that sell had not gone through with one second left in the day, people's perceptions may be different than they are right now.

I've been here one day, and it seems to me as if the price moves on air. How could there be dilution? I didn't see any on level II at all.

So what's your take on the goings on here lately?

Well, it also doesn't make much sense. Really, if that last sell had not gone in, we would have closed at .01 and that would have only been .0005 down, but it makes it look so much worse now after that sell. And I'm guessing it was done on purpose. Just prior to that, people were attempting to get the price up, and there were some decent buys that went through. Also, there were several attempts to keep this price over a penny during the day if you look at the trades. I'm not too worried about it. I think we'll bounce back tomorrow based on today's action.

How messed up was that 200,000 sell with one second left after the price had gone back up to $0.01?

I picked up a bunch of them.

And you're still here because?

How's that?

What do you think happened? Just lost momentum?

Okay, thanks.

When was this at .0150, Og?

Nope ... no reason for that.

It's NOT clear. 1.4B each means 1.4B off both the outstanding shares and the authorized shares. That's not what this means according to you.

Uh, it closed at .0165. Guess you'll be sellin'.

So the 1.4 billion share reduction news couldn't even get us out of the .016es? Wow.

Amazing ... just can't get past .0164 now.

Up we go!

You can bet the farm on that.

Well, let's examine that. Although some people do it knowingly, all three of those things can possibly be attributed to distractions, depending on the driver. A person may brake hard because they were distracted and had to step on the brakes later than they normally would have if they had been paying attention. A person may also speed and tailgate for the same reason, not realizing how fast are going due to distractions. I do it all the time where I get involved in a conversation inside the car and then look down at my speedometer only to find out I'm going 10 miles an hour over the speed limit. So it all depends on how you look at it.

You can start and finish wherever you want, but this is going up. Not a damn thing you can do about it.

You really have to ask? As if you haven't looked at level II to see exactly what market makers are there to answer that silly question.

And the shorting is relentless. ASCM needs to go away.

Thanks for that info.

So then why is it that when Claytrader shows up and ASCM comes on the ask the stock price inevitably goes down hard. As soon as it disappears, the stock price goes back up. You can hit it all day long and sometimes it goes up a couple, but it comes back down, and no matter how many times people hit the ask, the price will not go up until that disappears. I've seen it a million times.

CJ, explain to me what ASCM is doing here then and why it is that the buys and sells are almost equal but the price is down several points.

Well, they're crazy to me. There's a lot more upside on the other side.

Crazy people are shorting.

Don't get me wrong, I was not asking for your advice. I feel that in the long run this will be a good stock. I'm just not so sure how good it will be in the short term.

This is also a very good possibility. It all depends on what traders we're dealing with and which way the starts rolling.

I totally agree. So now I am left with an interesting dilemma of whether to stay in or get the hell out.

I wasn't in the stock until Friday. I missed the run-up, and I just had it on my radar. When it dropped down so much I bought in, figuring it was going to go back up, at least some. Then I could build on my position depending on what happened beginning on Monday. But that never happened, and I thought that was very atypical. Now I'm stuck with 50s at 34.

Okay, but, logically, I don't see how anybody could have foreseen this thing dropping 50% in one day the same morning other good news comes out. I can understand a 20% retracement or something, or a 50% drop that has a 30% retracement back up and ends up at a loss of 20%. But for it to stay down all day that far was totally ridiculous and unfounded.

Why would you sell the news knowing that the news two days prior made the price skyrocket? You couldn't possibly know that it was going to go down. And you had good reason to stay in because of what had just happened. Don't be so hard on yourself just because traders sold for no reason. There was zero reason for the price to go down as much as it did.