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Yeah, they try to initiate it with a small 20,000 or so chunk and then the inexperienced follow.
The on and off the ASK action is probably guys that can't decide if they want to sell or not or shorts adding to it to drive down the price. I watched shorts do that last week on BMS* but they ended up getting burned.
Yeah a lot of people will buy right away in the morning and if it doesn't run right away they get scared into selling for a loss right before it moves up. I used to do that when I first started out.
I just think it's a couple of people just trying to take some profits from Fridays run mixed in with a couple of shorts at the ask.
Ha, did you see that, someone trying to hold down the PPS with 9200 into the bid. That was worth about 20 bucks not including the fee. LOL
I'm in too, just holding here until something happens.
That's why I like volume with no news, Usually a good chance someone knows something and not just the usual groups on Ihub that want you to hold their bags. I prefer not to have them around.
He would have to have bought a hell of a lot to drive it up like that.
Yeah, I follow the volume, especially when it comes with no news. No reason to sell for a pittance here.
Well look what happened Friday, it went down and then exploded upward at almost 4 times the volume that's it's ever had.
We have support just not showing. I got some 29's, 25's and put some in lower but it's covered up by the current BID.
Good sign, will go up again.
Looks like mms are buying shares at ask with blocks of 999. Maybe they are limited to a certian amount at a time.
What proof do you have of that? And why would you stand behind a company who's stock PPS has been plunging long term due to the same repeated BS? Is it just the volume? There is literally an unlimited supply of shares at this price. I'm not trying to be rude either I just don't think it's going to end good.
Come on guys, this is not flipping. The company is obviously selling shares. With the amount being sold if you flipped between 13 and 15 you would make nothing. Not even worth the flip.
Starting to loose those 13's.
2.4 million at 15.
Good support building at 13.
180k now.
14's back up.
Their just going to keep dishing out the 15's until people finally catch on.
No, those millions at the ask are stacking up and walking down.
All I see is neverending 15's.
I have to agree with you, it's like in the PR they we're just like "Hey we're gonna have more money and stuff". Nothing solid to go on, just like before.
With this volume it shouldn't be stuck at 15 this long. Doubt float is still 118.
Oh I agree, wasn't saying shorters we're causing anything, was just commenting that it would be a good one to short.
L2 looks like a shorts dream come true.
Those 3's really got sucked up fast.
Me too, looking forward to next week.
Yeah I'll hold this however long it takes to make nice profit.
I think that was MM bs.
Nice close, congrads to those who didn't sell out in the 8's and low 9's.
Either way it should gap tomorrow.
The weak will be left behind.
Yeah they keep raising the bid just enough to suck up the shares of the little dumpers.
You can let em go for 009 but your not getting them back under .01.