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because the buyer wants to get it as cheap as possible
one last thing to notice..they kept the ask up..in my opinion they arnt encourageing any buying even when they dropped the bid ,interesting...these are some of the clues i look at in the market...so once you sell its hard to get back in cheaper...all of our spikes have happened within a few days of a down day ..look at the chart...
and they already moved the bid up after yesterday...why?hmmmm....
market makers know they may get some year end sells,what better way to make some holiday profits than to drop the bid thru the end of the year to make extra money off those that cant wait ...easy money for those that fall for it..jmho..everyone ,buyers sellers holders,have a safe and happy new year..i truely believe 2011 will be the year of iahl to shine..
someone bought the stock that was sold .i think some forget that.people buy ,people sell,after holding thru our rise with no negatives from company other than lack of news im surprised your friend isnt curious as to why ..i know i am...
they moved ask back up to .16.makes me think some of that was buys...
this is a sign of economic growth which should bode well for new companies entering the maket place...Oil Poised to Rally Past $97 on Bullish Flag Breakout: Technical Analysis
ShareretweetEmailPrintPaul Burkhardt, On Wednesday December 29, 2010, 7:02 am EST
Crude oil may rise to $97.90 a barrel after breaking higher from a “bullish flag” formation, according to a technical analysis by Kase & Company Inc.
February crude futures rising from the flag formation last week was “the most important factor” for the projected gain, said Dean Rogers, an analyst at the Albuquerque, New Mexico- based consulting firm. “The move up may be choppy, especially during the low-volume holiday week, but should test $94 over the next few weeks.”
A bullish flag pattern shows trading consolidating within a narrow range, preceded and followed by sharp rises. The latest flag formed from Dec. 8 through Dec. 20 was very similar to earlier flags that formed in September and October, both of which broke higher and went on to make new highs, Rogers said in an e-mail.
If prices decline, the first support level is at $90.60, which should hold, Rogers said. “A test of support as low as the $87.43 swing low could take place without significantly dampening the likelihood of a continuation higher,” he said.
Crude oil for February delivery rose 49 cents, or 0.5 percent, yesterday to $91.49 a barrel. The contract reached $91.88 on Dec. 27, the highest intraday price since May 3.
To contact the reporter on this story: Paul Burkhardt in New York at pburkhardt@bloomberg.net.
To contact the editor responsible for this story: Dan Stets at dstets@bloomberg.net.
©2010 BLOOMBERG L.P. ALL RIGHTS RESERVED
as far as i know the answer is no or even if that is the main project at hand...my opinion is it may be something else and what we are investing in is the speculation that something, we dont know what, is about to materilize.why do we think that..because of the strong accumulation that has taken place over the last year the lack of any dilution or share increases from the company.the lack of a barage of fluffy prs tring to drive up or telling investors to buy.we have had none of that.so for now you can either buy sell or hold.im sure the company wants to release as bad as we want to hear..so there is the best answer i can give you.welcome to our board...good luck to you what ever you decide to do.why after all this time are you asking what it is you bought a year ago after you have seen it rise.
things are quiet this week as we close out the year..i think most companies are looking forward to next year.. hopefully we are too.good luck loyal longs..better days ahead..jmho..........Stocks point higher as market approaches new year
Stock futures point higher as market approaches last trading days of the year
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FILE - In this Dec. 2, 2010 file photo, Andrew O'Connor, second left, works with fellow traders on the floor of the New York Stock Exchange. (AP Photo/Richard Drew, file)
Pallavi Gogoi, AP Business Writer, On Wednesday December 29, 2010, 9:04 am
NEW YORK (AP) -- Stock indexes pointed to small gains Wednesday, as the year heads to a close in a thinly traded week.
There are no economic reports scheduled for the day. The market is expected to be buoyed by the spate of mostly positive economic news in recent weeks, though data released Tuesday showed that consumers are still fretting about high unemployment.
Overseas markets in China and Germany were positive Wednesday, with Hong Kong's Hang Seng index up 0.2 percent, and the German DAX up less than 0.1 percent. The Euro Stoxx 50, which tracks blue chip companies in countries that use the euro, also rose slightly less than 0.1 percent.
Traders will closely be watching the outcome of a U.S. Treasury auction of $29 billion in 7-year notes. Fewer-than-expected buyers emerged for Tuesday's government's auction of $35 billion in five-year bonds, which sent the yield on the 10-year Treasury note to 3.49 percent from 3.34 percent the previous day. The move also sent the blue-chip indexes slightly higher.
Ahead of the opening bell, the Dow Jones industrial average futures rose 9 points, or less than 0.1 percent, to 11,518. S&P 500 futures rose 0.8, or less than 0.1 percent, to 1,254.90. Nasdaq composite futures gained 4.5, or 0.2 percent, to 2,230.
Trading volumes on Wall Street are expected to be light throughout the week. Many investors have already closed their books for the year and are on vacation until January.
Stock indexes finished Tuesday barely changed. The Dow Jones industrial average rose 0.2 percent and the S&P 500 rose less than 0.1 percent. The Nasdaq composite index fell 0.2 percent.
hardly cheer leading as you say.i dont understand a shareholder with a huge profit doubting the company after he has his profit.they may be waiting to complete before release because of the nature of the business.there are many reasons.i ask you why be negative without cause.let me ask you why you think the company has not sold any shares into the rise.the share structure is unchanged.
there has been alot of buying im sure there are alot of interested people who would like this to trade lower,maybe to cover or just to add ...im holding tight...they wont get mine
we all are waiting and hoping for good news to come...lets hope we go into the new year on a positive note..good luck to all
so mr nuc.if you bought the stock a year ago then you prob own it at a penny or two.there has been no dilution no share increase and a rise in share price.news will be released when it is ready to be released.so many pink stocks just put out realeases to sell stock..we have had one update since the internal restructure pr.just to let shareholders know they are working on something and the old management influences from the past were gone.the company could have sold into the rise but didnt,to me that means they think it is worth more,so do i..if you dont ,,sell your stock its really that simple...but to come on the board with your first post and just complain is hard to believe..good luck in whatever you decide to do..
we all hope so.takes time to really do things the right way.be safe and well over the holidays
small buys will move up to .17
well said
all buys again today...dont let them fool you..the buying has been consistant and in my opinion for a reason..good luck to all the patient longs...
as oil is riseing it points to more useage and supplies shrinking this means the economy is starting to roll again..is it perfect everywhere,not by a long shot but it does show we are moving in a positive direction..hopefully this bodes well for companies about to move into the arena.........................Oil rises above $90 amid US crude supply drop
Oil rises above $90 a barrel in Asia as US crude supply drop suggests demand improving
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Symbol Price Change
MHP 36.06 0.00
{"s" : "mhp","k" : "a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00","o" : "","j" : ""} Alex Kennedy, Associated Press, On Wednesday December 22, 2010, 3:00 am EST
SINGAPORE (AP) -- Oil prices rose above $90 a barrel Wednesday in Asia after a report showed U.S. crude supplies dropped more than expected for a second week, which suggests demand is improving.
Benchmark oil for February delivery was up 19 cents to $90.01 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. The contract rose 45 cents to settle at $89.82 on Tuesday.
The American Petroleum Institute said late Tuesday that crude inventories fell 5.8 million barrels last week while analysts surveyed by Platts, the energy information arm of McGraw-Hill Cos., had forecast a drop of 2.4 million barrels. Inventories of gasoline decreased 2.9 million barrels and distillates rose slightly, the API said.
The Energy Department's Energy Information Administration reports its weekly supply data later Wednesday. The EIA said last week that supplies dropped 9.9 million barrels the previous week, the biggest drop in eight years.
Oil prices, which rose to a two-year high above $90 earlier this month, have been supported by rallying stock markets. Meanwhile, a strengthening U.S. dollar, which makes crude more expensive for investors with other currencies, has weighed on oil.
"A steady-higher stock market continues to provide a major counter against a likely renewed weakening in the euro," Ritterbusch and Associates said in a report. "A choppy, sideways trade could persist through the balance of this year."
In other Nymex trading in January contracts, heating oil rose 0.4 cent to $2.52 a gallon, gasoline futures added 1.5 cents to $2.41 a gallon and natural gas advanced 0.9 cent to $4.07 per 1,000 cubic feet.
In London, Brent crude rose 30 cents to $93.50 a barrel on the ICE Futures exchange.
looks like they bought 167,500 shares in the open market as an investment..they must think eventually this will be higher..not a huge investment but it shows there are diverse investors with their eyes on this...everyone have a safe and merry christmas..
we are all waiting for something to break out.strong support and continued accumulation seems to bode well that we are getting close...have a safe and merry xmas..
now would be a good time to hit them with a buy..
all buys .just playing with the spread to try to draw in stock..dont fall for it..bid is still up..
Stocks edge up on another round of dealmaking
Stocks open higher as corporate spending spree continues
ShareretweetEmailPrintCompanies:Adobe Systems IncorporatedConAgra Foods, Inc. Common StocJabil Circuit, Inc. Common Stoc Topics:Private Equity & Hedge Funds Related Quotes
Symbol Price Change
ADBE 30.58 +1.40
CAG 22.69 +0.25
JBL 19.00 +1.34
KMX 32.56 -3.34
MATK 31.55 +8.19
{"s" : "adbe,cag,jbl,kmx,matk,nke","k" : "a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00","o" : "","j" : ""} Chip Cutter, AP Business Writer, On Tuesday December 21, 2010, 9:46 am
NEW YORK (AP) -- Deals are back in focus, and that's pushing stocks higher.
Toronto-Dominion Bank agreed Tuesday to buy Chrysler Financial, the automaker's old lending arm, from private equity firm Cerberus Capital Management LP for $6.3 billion. Dutch chemicals company Royal DSM NV also says it plans to buy US biotech firm Martek Biosciences Corp. for $1.09 billion in cash.
At the opening Tuesday, the Dow Jones industrial average is up 31 points, or 0.3 percent, to 11,508. The Standard & Poor's 500 index is up 4, or 0.3 percent, to 1,250. The Nasdaq composite index is up 8, or 0.3 percent, to 2,657.
Bond prices are rising, pushing down yields. The yield on the 10-year Treasury note fell to 3.31 percent from 3.35 percent late Monday.
THIS IS A BREAKING NEWS UPDATE. Check back soon for further information. AP's earlier story is below.
NEW YORK (AP) -- Positive momentum is setting the stage for a higher opening Tuesday on Wall Street amid another spate of corporate dealmaking.
Major indexes are edging up in pre-market trading after Toronto-Dominion Bank agreed to buy Chrysler Financial, the automaker's old lending arm, from private equity firm Cerberus Capital Management LP for $6.3 billion. Dutch chemicals company Royal DSM NV also says it plans to buy US biotech firm Martek Biosciences Corp. for $1.09 billion in cash.
A wave of positive momentum is also pushing stocks up. The Dow Jones industrial average has gained 4.3 percent this month and the Standard & Poor's 500 index has hit seven new annual highs since Dec. 8.
Investors have been encouraged by improving economic data on retail sales, as well as policy changes such as the extension of Bush-era tax cuts.
"There is growing optimism about the economy, or at least the U.S. economy, in 2011," said Alan Gayle, senior investment strategist for RidgeWorth Investments. "We're 18 months into this recovery, and good things are gradually happening."
Mostly upbeat earnings reports have also helped.
Software maker Adobe Systems Inc. on Monday posted earnings for its latest quarter that exceeded analyst expectations. The company also provided a rosy outlook, saying it expects to get a lift from the continuing e-book revolution, as publishers adopt its software tools.
Another technology company, Jabil Circuit Inc., said Monday its fiscal first-quarter net income more than tripled on stronger revenue. Jabil, which makes parts for electronics and other technology companies, issued higher-than-expected guidance for the current quarter.
Used car dealership chain CarMax Inc. said Tuesday its fiscal third-quarter net income rose more than 10 percent as an uncertain economy continued to boost sales of previously owned vehicles.
But ConAgra Foods Inc.'s second-quarter net income fell 16 percent after consumers didn't respond to the food maker's promotions.
Nike Inc., the world's largest athletic shoe maker, reports its latest quarterly results after the stock market closes.
Ahead of the opening bell, Dow Jones industrial average futures are up 50, or 0.4 percent, to 11,454. S&P 500 futures are up 5.80, or 0.5 percent, to 1,247. Nasdaq 100 futures are up 8.25, or 0.4 percent, to 2,228.50.
Bond prices are rising, pushing down yields. The yield on the 10-year Treasury note fell to 3.31 percent from 3.35 percent late Monday
The euro fell after Portugal became the latest European country to be warned of a possible credit rating downgrade.
Asian markets rose amid signs of easing tensions on the Korean peninsula. Japan's Nikkei 225 stock average closed up 1.5 percent, South Korea's Kospi advanced 0.8 percent and Hong Kong's Hang Seng index rose 1.6 percent.
the t/a has NEVER been gagged..the share structure has not changed in over a year and a half..54 mill outstanding 10 million restricted and the authorised is 100 million...no changes no dilution no increases...strange in pinkyland,isnt it...
somebody is buying big...those letting stock go should take heed..but all must do what they feel is rite for them..obviously someone still is very interested in accumulation...
its not year end yet..and what im saying is that someone who has already got the type of huge return you have maybe should be a little more optimistic in their posting tone..as you know the media or in our case a few posts hear and there can set a tone...i am glad you are still long the stock because i still believe we havent seen what this will really do as far as pps with real verifible news..and yes, as i have said all year..BETTER DAYS AHEAD..jmho
over the past year we have gone from below a penny to a high of .29 and have been sitting in the teens for over 6 months...so yes i have been saying i wouldnt sell...arent you glad you didnt sell a year ago..
i think you are right about something around the corner..sure wouldnt be selling rite now...in my opinion we will hear what is going on very soon
each investor must always do what is best for them..buy , sell, hold...i would hate to be the guy that sold a few weeks before something big hit though...that of course if there is something that has made the stock climb from below a penny to almost thirty and no dilution or increase to authorised in over a year...hmmmm
i think alot of eyes are watching this..i agree its time for news...if you owned a company would you release it now or on the 2nd..just asking...
now is the time to take advantage of pps...if news hits this will be long gone..good luck and have a safe and happy weekend
100 share bid whack trying to scare in stock...
5k filled at .16 where 7ok was bought yesterday .they jus tighted the spread today so it appears the stock is down when in fact just more buys..the games they play...good news will take care of that...
the buyer filled what he wanted...once he left
the bid returned to what we opened at...
remember we closed yesterday with a bid of .12....someone put an order in to buy at .16 which is happening each time someone sells some stock..i sure wouldnt be selling mine when i know someone wants it...just as i have said from the begining..no diluton no raise in shares from the company..a steady accumulation over the last year ..it all tells me those in the know think this is worth alot more....so do i..
mr.p..someone is sitting there buying stock at .16 if it was all sells the bid would have certainley dropped on 35,000 shares..come on you know that....this may be the last of the accumulation taking place
thought that mite happen ..travel all over is tough rite now..lets hope the good stuff is around the corner..
great cause..good luck...go iahl
im just guessing like everyone else..i do think it is going to surprise alot of people in a good way though...
my guess is we are close,very close...dont know if b4 xmas though