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Seems to be ready for immediate deployment ..............LOLOLOLOL
Well 1st off, it's really difficult to understand this post. Is your proficiency with the English language that bad? Perhaps this attempt to put down a PR piece would be better suited for the YMB. You make out that this presentation is only for the loser companies that have no other exposure. Not sure that COV falls into that category.
Ameritrade wont even guessimate
J, looks like 116,000 buy and 473,475 sell -at least per Ihub
I saw it as well. Even though they went thru as buys the bid/ ask drops to LOD. Whats up with that ?
Absolutely great post Barbershop. I think people were acting on pure emotion and not their heads. All the DD still stands and this company has a bright future. I believe many of the knee jerk reaction sellers bought back in after thinking about it.
There we go. Slow and steady climb. 2 X 1 .085 - .086
Well it's not the rise we anticipated, but as we sit and watch this , look at the market. Its down 135 points and COV is down .70 cents. We are actually doing pretty well considering people are preoccupied with the down market right now. Cant wait to see details on Monday and then some follow up PR.
Rick, not worth arguing over. It just looks funny everytime these small number trades occur, the price seems to follow the 'secret code'. Also, you dont think that the MM's manipulate the price. Just look at yesterdays numbers. Over 1.5 million traded at the ask and we didnt move beyond AUTO .084. But come 3:30 and 100k of shares dropped it. Thats manipulation.
I certainly hope there's a positive reason for it. I really dont want it any lower than 8 prior to the Q on Monday.
I think the manipulation is criminal. I sure wish there was some recourse
Just under 50% shorted sales as of yesterday.
20100817|POSC|1119433|2409213|O
I hope news comes out soon and these guys get seriously burned...
Thanks Slyder. I might of never found it ..........
Anyway, seems to be a totally different trading pattern today vs last 2 days. I hate to see the bid below 8, but I guess there's no buying pressure due to no news and delayed Q. I sure wish we could get some of the PR we are expecting this week (even if it's not the big news) just to keep the momenmtum going. Next week is going to be difficult to watch if no news as many of the last few days accumalation will vanish as day traders, et al, will sell out
OK this is going to seem stupid. But how do you start a new post as opposed to picking one up and responding? I've been staring at the screen for 10 mins and I cannot find it
Its pretty amazing when Aneritrade actually shows the right stuff .LOL
No , mine .08 x .082 2 x 1
Really? I cant stand A/T for penny stocks. They cant seem to get anything right.
Incidently the bid ask was .0795/.08 and the trade went thru above ask at .081. Is that what you saw or is this another A/T foul up
According to Ameritrade it was a buy. Sorry logged out early yesterday in disgust of being green all day only to go red in last 30 min's.
Totally ridiculous that 100k shares can take it down like this.
Well I hope no one gives them to AUTO. He's had enough and if he leaves we may see .085 or more.
Makes you wonder if that 'secret code' between MM's does exist after all. Wasn't the 100 code = I need shares ?
Interesting to see that Ameritrade put them thru as 127600 - buy and 260000 sell. IHub showed both as buys
Well its going to be interesting to see how they post the last 400k. 2 big trades splitting bid/ask
Yes I agree totally. Wasn't meaning to infer that AUTO only had 5000 shares. I believe their only obligation in penny stocks is to show the legal minimum which is 5000. They have no responsibilty to show any more than that. It's just frustrating to see trade after trade go thru at ask and nothing happens. But the bid side is totally different. If you get any volume (25k+) on bid and just watch it go dowm......
I think we have been doing that all morning with no luck. Now the ask is slightly lower..........crazy
Mine show pretty close to that. So how come we can't crack .084 with 99% of the action being buys?
Man the .084 wall must be huge. We've had a couple of hundred thousand shares go thru and still no crack. AUTO must have a boat load as he is only MM at .084
me too. I really like that NITE has moved up to .085
NITE - .0817 Bid and NITE, BMAS, AUTO - 082 1 X 3
Wasn't meant as an attack. Only curious, that's all. Paul
Then why stick around if you have no position in this? You must have something better to do.
Would make a lot of sense to have the pharma piece announced prior to the 15th of Sept. Otherwise the execs are going to take a lot of heat as to why they divested in house and Investors will demand a solution to the declining pps. Definately could be a rough time for them if they dont announce.
Many of us think COV will anoounce. In the past they seem to have done this on Wednedays and this pr sure would be a great primer to the release. If they dont, (although its great news) it would be somewhat wasted. Hopefully COV announces, then they can revisit this news and add revenue, units produced/sold, maeketing strategy, etc.
Here's hoping
Paul
I dont know whats going on as the regular/big MM's dont seem to be the traders right now. Once they cleared out NITE may take it back to .08+
Interesting to see NITE way down ask at .085
wow 526k at ask
But I should get mad more often. PPS is going up and fast
Wasn't mine. I have no dry powder left.
For some reason it wont let me start a new thread. But can anyone tell me why 200k shares go thru at ask( 40% of volume) and it doesnt move the ask?
Yep, I have same.
Next bid .071, ask .084 2 x 1