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.
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.
Boy, DMNX volume really dried up. The MMs have been playing some terrible tricks on this one.
FDNI: Amazing action. Now .016x.02. Last Friday I believe, they announced 2 of their subsidiaries were filing for bankrupcy. That is not the entire co. Stock was .03, and dropped all the way down to a low of .005 2 days ago. I had a position at .026, and decided rather than selling like everyone else, I would average down. manage to get a good block at .006. I felt it was an overreaction. Well today, suddenly, it is blossoming. asking .02! Now I'm up on this darn thing. There seems to be a lot of that pushing a stock down hard on large volume, just to see it rise on lower volume. Very strange. PAYV did this 2 weeks ago. I bought in @ .035 and sold too early. Ended up going to .012! TELI could do the same thing with a little more volume. Let's hope so!
GEYR, there must be no float for the spread to be this ridiculous. Not gonna touch it though. Late bloomer again. Looks like larry only got a partial fill on RNWR.
You are far from useless Patsy. Have a good night. Gotta go. See you in the morning.!
LOL Patsy. haven't heard of dumber than a limestone rock, but dumber than a door nail yes. Don't quite know what it means, but thats what we used around here.
I bought that 10K of RNWR at the close. Bid uptick to .06 on 20K in buys. Let's hope for a split now!
TELI: Another uptick. .023x.025. Looking good into the close.
It moves pretty easily. I day traded it a few times months ago. Might put a little in it, but these rumors have been around for forever. Will definitely well if there is an announcement.
AFBR, a buy @ $2, then they drop the ask. Makes absolutely no freaking sense!
Bought IBEM for a hopeful bounce.
Me too. Selling is over. Just need the buys.
Me too. Selling is over. Just need the buys.
Sure hope so. It is one ugly day!
TELI another bid uptick. Looks like it might be at least a small winner for the day.
DOW went below 9200 support. Not good at all. Looks like its catching up with the NASDAQ's losses since the beginning of the year.
Got an uptick on TELI. Now .02 x .024.
That's because we sold joejo!
Depens on what you want. Should be good for close to a .01 move up. I know that sounds like piddle, but in this market, a little is better than nothing or a loss!
Patsy, did you get filled with 30K at .02? Don't know if that was a buy or sell.
Do you have Level II? Has phenominal bid support. The ask should come down if no buys come through. Spread is not good right now. This was in the mid .03's at the close on Tuesday. The volume was 3.5M that day, and only around 700K yesterday. Besides that, it took us forever to get filled. The only thing that is missing right now is buying volume. Amazing that there were tons of buys 2 days ago, and now that it is so much cheaper, no one is nibbling. I think the spread is part of the problem.
1 or 2 ay trade, nothing more.
TELI: Some complete idiot sold 27K at .019. Must not have level II!
I beat if the SEC took 1 week and tooked at the trading logs of BB stocks, they'd be amazed. Opening bids/asks moving up/down on no volume. Buys sitting for lengthy amounts of time without a fill etc. Who the heck wants to trae in a market that is completely unfair and manipulative. I wish we could get all investors together and not trade for one week. That would put a big strain in the MMs pocket books and then maybe they'd change their tune!
Now, they are playing the spread game. Keep bumping up the ask, with out any change to the bid. Heck, they can't even fill the buys they are getting. I really hate these MMs. This isn't a fair market, it's an MM ruled market.
ALEX is gone. Amazing how long it took to get filled. Only 3 MMs from .03 now. Level II very strong.
Sorry on WWFI. Can't find this news. Some a s s h o l e posted this on both bobz and Raging Bull. Can't find the news. Still watching.
TELI: Had an order in for 5 minutes and still haven't been filled on only 20K shares @ limit of .02. Must be some shorting gone on here. This could get fun with any buying.
SAEA: Buys coming in again. Sellers seem to be gone now. Could get interesting.
The MMs took it down very fast. Was .034 as recent as the close on Tuesday. Level II looks much better now.
WWFI announces date for 15:1 split:
Worldwide Financial Holdings Announces Date of 15 for
1 Forward Split
Business Editors
March 22, 2001--Worldwide Financial Holdings Inc. (OTCBB: WWFI) Thursday announced the date for a 15 for 1 forward.
The forward split's effective date March 26, 2001.
After significant discussion, and further consideration, the board of directors, along with the company's majority shareholders have deemed it to be in the best interest of the company to forward split the company stock at the rate of 15-1.
This allows the company to meet all its previous objectives while still providing additional shares of stock for future growth strategies, in addition to providing an outstanding investment opportunity for the smaller investment community.
WWFI intends to position itself to take full advantage of a multi-billion dollar industry, with state-of-the-art technology, that will bring broadband access to many communities throughout the United States.
Further information pertaining to WWFI's future plans, technology, and executive management will be forthcoming.
This news release includes "forward-looking statements" that include risk and uncertainties. The forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
Actual results may differ materially due to a variety of factors, including without limitation, the company's ability to produce and market products and/or services and other risks detailed from time to time in their company's reports filed with the Securities and Exchange Commission.
CONTACT: In the Loop Communications
KEYWORD: UTAH
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS INTERNET TELECOMMUNICATIONS
-0- Mar/22/2001 11:36 GMT
Buys starting to come in on TELI. Level II is looking even better.
HDVG: This thing is amazing, the bid upticks on no volume, then what appeared to be a sell went through an no change in bid.
The volume in this market is frightening. There are so many stocks that are closing in on 0. Wish the MMs would just price them all to 0, clean the slate, then we can start over again!
FNTN: Down 73% on reverse split news on only 466K shares traded. Keeping my eyes on it for a quick ay trade.
Look @ level II on TELI. Now .019x.02. Lots of support @ .015 and above on the bid. On the ask, pretty much each MM at a different level. Just a day trade.
Bought a little SAEA. Level II is building. If it drops, I'll buy more. Seems like it could be the stock of the day. It's all over the place.
Watching DMNX on level II. Buys go through, then they lower the ask. Glad I idn't touch this. It's strange, but sometimes the MMs are just really terrible on one stock, and act completely differently on another. On this one, there are just plain bad!
Looks like any rally on SAEA is fizzling.
Float and O/S appear to be low as well. Level II doesn't look so hot right now. Doesn't look like a stock with a low float.
Well, Patsy, looks like the MMs are at it again on AFBR. Bid 1.75 Ask 1 7/8. Unfreakingbelievable.!
The MMs pulled a fast one on DMNX this morning. The opening bid was 2 9/32, and yesterday the closing bid was 2 1/2. No volume at the open. DOn't know how this is legal. THe volume has dried up on it as I thought it might. If there is no selling into rallies from here out, it may do well the closer it gets to the effective date.
SKGV: Just had to rub in what a POS this is. One week after that big news that took it to .06, it's back to .023! Might be a good day trade soon at best.
http://finance.yahoo.com/q?s=SKGV.OB&d=5d