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True but the only way to fight them and make them cover is to slap the ask. If everyone bid sits then price WILL NOT go up then shorts have no reason to cover.
I've got mine set high too! Now if everyone will follow suit! Thanks man!
Exactly! That's one part of it is to sell high and not bid whack aka "WHACKTARDS" and if everyone bot on ask stock will run guaranteed
Stock looking nice but won't breakout?
Example of Hitting the Bid consequences
From: lowtrade
"Tuesday, May 08, 2012 6:21:08 PM
Re: None Post # of 31691
Well we had a few readers report playing **** today. The result brings up a topic I haven't covered lately.
Where do you buy in a run.
Everyone that bought the bid raise your hand!
Now tell me how saving $10 $50 by buying on the cheap helped your play. When all that buying on the cheap is probably what cause it to retrace after the emotional open.
When you want a run to continue, support what you want to happen. Buy the ask. Think of it this way. If you are trading on plan and you entry is pushing price up, instead of down. Your still going to sell at the same places. What you saved on .0001, may have cost you .0005 in the day finish or more if it continued. No one trader can change direction. But the mindset of getting in cheap and taking the most out possible by all did.
Food for thought. Do your part. Support your trade!
5 guys buying the ask at the right time could have continued the emotion, not killed it during rush hour. Emotion is always high during rush hour. Keep emotion on your side.
To fight the shorts buyers have to slap the ask. Simple as that. If everyone would do their part and slap the ask and help the stock move forward we will win! Bid sitting never helps a stock move up!
Lmao bid whack at .486 then buy at .51! Hay WHACKTARD u could've sold on the ask there and made more money! Do you people not understand this concept?!
Well looks like idiot bid whackers are gone so should move up from here!
Sell on the ask WHACKTARDS!!!
What merger do u speak of?
All I know is I sure wish I had some .0002's last march;) not here to argue just here to wait and collect some munnie;)
If insiders own shares and wanted to sell on the bid they would bid whack. Bid is what people are willing to pay for a stock n ask is what people already holding stock are asking for it. So unless insiders do not own any stock then there is zero insiders on the bid unless they are trying to buy some. There's only 40,000 dollars worth on the ask so insiders sure aren't gonna get rich here. Once news hits those asks will get hit and some will move their ask up.
Simple fact of trading... Shorts whack bids but buyers are afraid to whack ask...hence shorts win till we get big news or bid sitters take a lil initiative...bid is 400mill+ and ask is 200mill+ bid sitters could easily take out 2's and 3's but nah they don't wanna help stock move bc of one point...it's all about greed till news hits or a good pump takes place! If everyone raised their ask right now to .0005 those bids would creep up but oh we'll I done my part n slapped ask now I'm just waiting on news;)
Just slapped the ask for y'all for 2 millyunz+ let's get this baby going! News news news;)
Put up ur load of shares cause we are going to .004;) we will take em!
John. Call is tomo
Hey guys I'm in! Thanks to the flippers for the cheap shares! It's so funny a stock releases positive news and money flow and u sell? Kinda bassackwards if u ask me! But thanks for ur impatience;) she's going up up up!!!
Maybe they should put out a pr saying they are going bankrupt then the price will rise! Ridiculous!
To tha moon we go!!!
Who sells at .009 when .0098 and .0099 were hitting? Come on!!!
Geaux ELRA!!!
Really wish someone would keep walking this stock down by selling under last buy...oh wait....
When are we expecting news?
That's what I'm SCREAMING!!!
ATTN! If u have to sell ur shares on the bid why not wait till the MM is sitting there like right now so ur damn bid whacking don't cost others money!!! I see some are doing this and thanks guys. Goooo ELRA!
Really?! Half a mill on the bid at .0095 and it's already whacked?! Damn WHACKTARDS!
ELRA GTGP check em out. Next long runners!
Keep researching man! The more u research it the more u'll like it;) GLTA
Wow man congrats!!!
ELRA....nuff said
Definition of 'Stock Split'
A corporate action in which a company's existing shares are divided into multiple shares. Although the number of shares outstanding increases by a specific multiple, the total dollar value of the shares remains the same compared to pre-split amounts, because no real value has been added as a result of the split.
Read more: http://www.investopedia.com/terms/s/stocksplit.asp#ixzz1ukzdmwJa
Well how does it work then?
Well tell me how it does work?!
YES I AGREE ELRA IS A NO BRAINER HERE!!! Munnie$$$$$$$$
Can someone explain to me why people are scared of a reverse split? I'll give u 4 100$ bills for 400 1$ bills?! I'm no mathematician but isn't that worth the same amount of money?!
And only whacktards would take offense to that;)
Nothing but damn bid whacks today! Amateurs!!!
Subpenny land the only support is bid and only resistance is MM's!
This is subpenny land the charts mean absolutely nothing!
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