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It's funny, we used to curse the MM's, now we wish they were here to keep the markets liquid...
Ah, the irony!
This illustrates exactly what I have been saying and thinking for a while now. The death of the penny market. It will be reborn, but when??
They may have finally killed it. I'd almost guarantee that it's the only company out there at .0001 generating $1-2 million a year in revenues, though. No choice but to hold what I got and hope they run it someday...
Volume still increasing, after nothing for 6 months... Not sure whether I should take advantage and dump while I can, or hold for the chance that something's up...
ha, they filled 123326 of my order, lol...
yeah, it sure did. good to see. I also think that the dow will bottom in the 7000 range, thought it was going there today. the only scary thing is that we really haven't seen epic volume yet. that should signal that bottom is near. it's tough out there, don't look at your 401k or you'll get sick...
Tried at .0004 all day, nada...
Crazy, I have to tell you, I have been thinking of doing that myself...
MMAM looking awesome! Easy mover if the volume continues...
finally got filled on MMAM today, might run one of these days...
hey juice, how goes it man? good to see ya around. I have been dormant for the last few weeks, but trying to get back into it. Got a substantial position here, should be good soon enough...
wow. 51mil o/s and sitting at .0004?? That is something else. Should run nicely from here soon enough...
Great finish today, ran into the close and finished HOD. Super small float for the price, and looking awesome...
thanks man. yeah, work is slowing down a bit, we just released the 3.0 software and devices. haven't traded for a few weeks, and I'm trying to get back in the swing. crazy times out there though...
XHUA looking like the uptrend has started. Great finish today running into the close and finished HOD...
yep, I agree. right now there just isn't the money flow from upstairs that makes these little markets work. when the big boys are getting killed on the big boards, they don't have the money to play down here. and neither do a lot of normal penny players that play with, and for, a little extra money. together, it makes for an illiquid and strange penny market. don't get me wrong, there are still some little gems out there that will bounce, but it's tough going all around for trading right now...
yeah, SGLS looking good. Tightened up the spread today. Usually always has a nice run in the fall...
yeah, it moved up on fairly low volume friday, hard to say if it's a headfake this time or not. I'd really like to see it take off like it deserves to...
doing good man, thanks. yeah, we ship here pretty soon, so it will get back to normal. plus I'm all moved in the new house, so I should have more time to trade. penny markets usually start heating up in october, so I should be rested and ready by then. should be an interesting penny season to say the least...
Was great from .021, thanks! Could have more though...
Didn't take much to move MOVT Friday, could keep going, or could be another headfake. Won't be long before a big run for this one though...
Thanks dude, I'll check it out.
Anything worth buying today? I have been so busy with work and buying a house I haven't had time to trade.
It came down today on fairly low volume (compare to what it took to get it to .0014). MM's playing here, we shall see what happens. In the meantime, I am holding all...
Yeah, I saw they filed that a couple of weeks ago. A real shame. But, they'll have to bounce it a little to dilute that much. We'll see. I still have some freebies and some cheapies that I'll hang onto for a while.
Getting some action today...
SEWC is getting a little jiggly isn't it? And it will go someday... :)
MM's playing with it now, shake down and then a stand off, I love it. I'm hanging in, this should be at .003++ easy...
I wonder what happens after .0035? I don't think I have ever seen a L2 that ends so abruptly. MM's not holding much? Looks eerily like MSTF did back in the day...
We knew MOVT would recover :) Interested to see what it does tomorrow, it's never had this much attention...
I think you lucked out there, I think .003 is easy IF the volume continues...
Agreed, this one should have much more to go...
Should be a good one this MOVT, getting lots of attention today/tonight...
where you been dude?
Nice close! Gapper tomorrow...
MOVT, sweet close! Should continue tomorrow...
MOVT looking very nice, should be good tomorrow as well after folks get home and read the 10q...
Agreed, it should go nicely from here, tomorrow should be good...
MOVT can go big, super low float...
Glad to hear it is getting some attention, that's all it needs, float is low...
MOVT 10Q out, 40mil o/s confirmed as of 8/12/08, $1.2 mil in sales the last 6 months, sitting at .001 now, not bad...