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AWBV: On watch. hearing rumors of promo on it.
MMFS: really moving now..Huge bounce still coming.. Check out the chart.. could see .30's - .40 or highr
MMFS: Huge bounce coming.. just getting started..
IMHO
TCFY: Any comments on this one.. starting to look ready for a bounce ? or is there a big S-8 on this or something.
Thanks
YEs. I agree. Just want ever one else to be aware of it so they dont panic so much LOL.. Used to be NITE on ASK ment NITE was selling their eventory, and they usually had big pockets..Which was a bad thing. Now could be some one with a tiny order. No big deal.. But same for Bid side.. :)
CYOS same here. stock is in a up trend, so far been holding about the 5 and 10 DMA which indicates a continuation of the up trend. To day is the day the weeds out all the weaker hands for the push past .007 .. ;) IMO.. Keeping fingers crossed.
I agree, but NITE and SHWB used to sort of provide a buffer.. now they dont.. also, not sure that everyone out there realizes this yet. The reason I say this is I am still seeing people make coments about how NITE is buying up the shares ect. I think it causes people to sell or buy when they see NITE and SHWB on the bid or ask.. Making things a litte more up and down so to speak.
Ok.. well, that still is pretty big, as we always used to look for bid support from NITE or SHWB as good. Now it dont mean squat..
RE: BID Whackers. BB, I think we should start a discussion on the way the MM’s are acting now in BB land since the start of the new year. Something is obviously different, and the way I see people talking about them indicates to me a lot of people out there haven’t got it yet. From what I am seeing, The MM’s are no longer acting as Market makers. What I mean by that Is they don’t seem to be buying and selling shares from their inventory any more, but just buying and selling what ever orders are coming in.
It used to be if the bid was say .0050 and ask was .0055, if you put a sell order in at .0053, nothing would change in the bid ask.. But now as soon as you put the order in, one of the MM’s will drop to your ask of .0053, Or if you put a bid in at say .0051, the MM will raise to your bid. In other words, they are now just showing best bid and ask coming in. I think this is leading to wild trading in both direction because before, people did not see the orders that were between the bid and ask. Now they do, but they don’t realize it.. So for Example, when you see NITE bouncing all over, that Is because those are the orders that NITE has coming in. Not that they are trying to force the market down or up.. They don’t seem to be shorting the ask or accumulating the bid any more.
Seems to me, used to be when you saw NITE on the BID, that was good, and NITE on the ask, well that was bad.. But now.. It doesn’t mean anything in my opinion. NITE on Ask could be some one with a small order, and one by or sell will take them out..
This in turn creates panic causing more buying or selling..
What do you think about this.. Has anyone else noticed this yet.. I think we need to examine this and may need to shift our trading strategies accordingly.
Take care .
CYOS: Still good here, is in a up trend.. higer highs, and higer lows, has been holding the 5 and 10 DMA on the way up..
so if it can hold the 5 and 10 it should keep moving up..
IMO
Good luck
RNVO Bid and ASk UT .0014 x .0015
Me .. I had shares at .0018 2 days ago, and got shook out when some were sayin what a POS this was and to take any profit you had a run.. I ran :(
MOGI: Might want to keep an eye on this tomorrow..
Chart looks like it wants to break..Volume is up, indicators look good..
GLKCE:( BB, Might want to be a bit more selective or carefull in how you provide info on a stock.. A little earlier you guys were bashing the crap out of this.. Cost me $750 so far.. I got in at .0018, was going to hold through the shake, then started reading how you said what a POS and such.. Sold at .0018 for loss of commisson. I know it is my decision to buy or sell, but just thought you should know your opinions do have a huge influence on many of us.. Might have been better to just bring attention to the history of the stock, not bash is as such.. Please dont take this in a bad way, you do a lot for all of us here, and I for one do really appreciate it, but just something to be aware of..
Thanks and Take care..
NWBT: LOL Got some at .35 on the bounce, out at .49 in about 2 sec..lOL.. then in at .35 again, back out at .40..
I quite while i am ahead... to scarry :)
XDSL: Looks like it will bounce of 32 DMA again.
I got the same thing this morning
RWRD: .013(3) x .0135 (1) about to move up here..
RWRD: .013 x .0135 Bid UT !!
RWRD: could bounce into the 03'
ISV: looking for 1.00 break
ISV: looking for 1.00 break
ISV : continuing move today..
LMII Huge volume.. shake about over..
ERUG News !! looking for reversal here
WPRO: .18 x .185
Looks like it is going to bounce of 32DMA, also support from previous peak is at .19.
WPRO: Ready for reversal? Looks like support is right here..
BTWO: Creeping back up to HOD.. .0122 x .0125
NWAU: Chart looks great.. Good news to go with it.
Looking to break out here.
ICOA: .061(2) x .062(2)
THey didnt uptick the bid.. THe Bid and ASK are an exact reflection of what retail orders were coming in. At least in NITE's case. Watch HEXS today.. Its doign the same thing. if it stableizes for a bit, put an order on BID or ASK .001 below or above the best bid or ask, you will see NITE move with your order. Cancle it, and NITE will move back to there next best incoming order. At least with Ameritrade. They appear to be routing orders to NITE
I can also be a positive thought. HEXS was doing the same thing yesterday.. Since there was a lot of buying, and no one selling, and the MM was not selling but just reflecting orders, It ran fast up to .024, but the down side is I can come down just as fast if no one wants any shares..
Yes.. but be aware it is happening on many other Stocks as well.
I have seen this on at least 5 other stocks I have been in as of late. I think is can cause a panic sell off like yesterday in RWRD.. or a panic buy up like we saw later in the day because we are expecting the MMs to provide a buffer and smooth out the market. THat is what the are supposed to do.. But now if they are just acting on incoming buy and sell orders, they are going to be jumping all over.. So if you see NITE drop way off the bid. Just means no one has a bid with him at the moment. But it could induce some one to sell if they were looking to NITE for bid support.
See what I mean ?
Good luck.
Well what ever it is it is someting different I think.
Used to be when you saw NITE on the bid, I ment BID support. NOt any more.. Could be some guy with a 5000 share order. On RWRD, I saw NITEs bid go from .014 to .009 in a heart beat, then back to .0135. Or maybe it is something new with Ameritrade, but I have never seen it before. THey are acting like INET on the big board. NO longer buying and sell shares to them selves, just showing actual orders placed with them.. HMmmmmm..
MM action on RWRD: Does anyone know why the MM's are acting the way they are on many OTCBB stocks..
NITE for sure seems to be moving around based on orders coming in.
Example: To day on RWRD. NITE was on bid at .12 ask was at .14.
I put in an order for .121. Usually, nothing would change on the bid ask, but as soon as i entered the bid, NITE moves up to .121. I then edited the order to .122.. and again as soon as I entered it, NITE moved to .122. THen I cancled the order, and NITE went back down to .12. Same thing was happening on the ASK with NITE for sure. I put in a sell at .14 when NITE was at .15 and right away he went down to .14 I then cancled and right away NITEs ask went back to .15. I have seen this on other stocks as well as of late.
This I think Is partly why RDRW was so wild today. The MM's dont appear to act like a buffer anymore. So when you see NITE bouncing around, its people placing and canceling orders.
Anyone notice that on many of the OTCBB stock, orders are being displayed exactly as you enter them on L2. Example.. HEXS had NITE bidding .012.. I put in order for .0121, and right away, the bid changed to .0121.. also same on many others lately..
RWRD: WHY the dip crash ??? Anyone know ?
RWRD: Was up with this ? Looks like Bounce time
TSBI: Bi and ask UT>. Might go here
SVSE. Going.. broke 1.24 and moving up