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So far so good with NVIV bounce. Back to green.
Yep, CFO bought a couple times last week.
I hadn't seen GTXI. Thanks!
She'll get there I'm going to try not to watch too much...don't want to jinx it.
Still watching NVIV. The closer it gets to $1, the more I get an itchy trigger finger
Don't give the MM's too much credit. People talk about them like it's some super-genius trader sitting there, staring at a thousand different stocks trying to make decisions to "make a big score" or whatever. They are computers. They are reactive programs, executing trades for retail, or for financial institutions, based on algorithms and current trade action. If BTIG or any other inactive MM kicks into action, it is because a program is reacting to a chart read, or to a volume indicator, etc. Basically, if those outside factors play into the program's parameters, it will react accordingly. But mostly what you're seeing here are retail trades, and probably some finance selling from VNDM which will sell downward if there is no hits on the ask, but will uptick if there are steady hits on the ask.
All I'm saying is...most likely BTIG, or MAXM, or LAMP, or FANC, or any other non-retail MM sitting around here is a program, not somebody who knows or cares a single ounce about BRND's product.
BTIG doesn't appear to be actively trading the stock. Sitting at .0001 bid and .2695 ask.
Those 6 MM's siting at .0001 bid are not actively trading the stock, nor are the ones "advertising" above $1 (just parked there).
Active MM's at the moment are BMAK and VNDM who are both likely "finance" MM's (though BMAK is mostly a one-tick flipper in either direction), plus the usual retail MM's CSTI, NITE, ETRF, etc.
Chart is the thing to watch. It's now trying the 50-DMA a third time for support, which is a challenge. If it can't hold the 50, then it is likely going to test lower bollie (currently around .005).
Yep. I got punked.
Yep. I got punked.
Well, it's trying to bounce a bit now, but I think the real buying is waiting in the nickle range, and shorts may want to give it another push down. We'll see. Maybe I'll miss the bounce. hehe
I played the 50-MA bounce the first time. It was nice
If you are a "paid compensation" poster and you post a ticker on this board, please go elsewhere. This board is focused on chart players, and technical traders. As the moderator, I appreciate posts from traders who make their money (or lose their money) on those technical chart trades. The primary focus is on bounce plays and bottom plays.
Though we may watch pumped stock charts, our interest as technical chart traders on this board is primarily AFTER the dump and we're looking for a bounce. We don't need pump posters who are still trying to bring volume to a stock so that it can be dumped. Such paid posts dilute the quality of the information we hope to provide here in terms of chart trade opportunities. I would hope that the readers of this board are wise enough to know the risks involved with following the advise of "paid compensation" posters. If they're getting paid to post a ticker, you can know that they are not necessarily acting in your best interest. They're merely doing what they are paid to do.
If I see obvious paid posts, even with disclaimers, I'm likely to remove them as "spam", simply because this board is not the place for it. Sometimes it is hard for me to read all posts-- particularly on a day or week when my life is busy elsewhere, but I'll try to keep this board as focused as possible on the charts, and not on active pumps.
Well thank you BRND