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I think that's the deal - longs are out of $$, and new buyers are leary today.
You would think those who bought higer would be snagging up the cheapies - I know I am.
What are they waiting for?
Seems to me there isn't enough buying pressure. Hope someone steps up and proves me wrong.
How are we still at .0013/.0014 with news and 83 mill volume? Any clues?
Seems that some are treating this as a sell the news event. Once they are gone we can let her go.
MM's don't care about the news, but news is necessary to increase the volume to the point that the MM's have no choice but to let it fly. Again, I'm basing this on my experience with other stocks where I have seen this happen before. Glad to hear this one moves without news.
It's hard to tighten the spread when they fill them at the bid. NITE likes to pull em back like a slingshot. Many of my profits have come from this type of action, but in my experience, which has only been with other stocks, it takes news before he'll let it go. Let's hope he's loaded soon and let's it fly. Can we get an L2 update?
I've bought three times this morning. I have always placed the order at the ask, but they have always filled at the bid. You said you have seen this before a big run-up was that on the same day or w/in a week? Can you elaborate? I have seen this happen to another stock and it took news to set it back on it's path.
That's exactly what I've been saying. The other problem is that the latest PR's haven't contained the words "Fuel Cell" if they had, triggers would have gone off and this would already be over a penny. Check the other fuel cell stocks to see how it's done. I believe this is the best fuel cell stock to be in especially for the long haul, but there is alot of room for improvement on the communication front. My $.02
Yea, takes a while for paint to dry
Not too bad - hoping next week will be better
D - I'm in on this - looks like we have the same taste in stocks (I remember you from SYMW)
Been busy - this is holding up. Wathcing this stock is kinda like watching paint dry, although it's much better watching it churn at these levels than .0005-.0008. Anybody have a chance to call Davenport to find out what happened to our "right after the holiday" news?
I've noticed even though NITE drops the bid to .0014 every day, the ask has been holding pretty steady at .0016 - .0017 probably explains why the volume has been lower and why you only got partial filled. Longs are probably holding tight cause they know it'll go up.
Today we closed with the bid at .0014. If the ask drops to .0014 tomorrow we could be in for another nice bounce, as the last time it hit that level we closed up over 90% for the day.
He has a 7/8 blog and a 7/3 blog below that - interesting stuff in case you haven't seen it
http://ecosystem-esym.blogspot.com/
My gut tells me early next week will be big - we'll see.
GLTY!
Skunk had a new post last week that was interesting. I'm having trouble finding the link. Will post back when I find it.
Stain remover, sponges and waste management. We need to get you into some sexy stocks, John.
Wake me too. I'll be on the SYMW board.
That and the grant both - news is imminent.
Longs have been seeing this for a while. They can't play it on news days, but no news days always behave this way. Many even noticed it happened like clockwork when we were in the .005-.008 range. Moral is: don't sell on no news days, buy and wait for the news. And depsite the MM games, remember that we are consitently seeing higher highs and higher lows.
MM action is typical for a non-news day. News tomorrow? I believe that is the expectation.
It'll take news to pop and it will pass right by the .002's, so it's possible that you may never see them. Might be better to set you sights on .005's
They are just talking about their status on pinksheets.com - they are not going to OTCBB any time soon and they will never be on NAS or AMEX
I tried to slap the ask at .0017 before close. It took 5 minutes to fill and they filled it at .0016. MM's always play this one in between PR's.
Means the MM's are fishing for shares. With volume approaching 100 mil that's not surprising.
Somebody is trying to get a bunch at .0015, but the sellers are holding out for .0017 for the most part. Are we turning a corner?
I've been buying this GEM for quite a while - just looking for a better source of info.
Hot sector with good news and plenty more good news to follow. It has 10 bagger written all over it.
Profit takers don't want to miss the next wave of news.
You should be able to load all you want - it isn't holding the .0017 benchmark on normal volume.
The confirmation is good. It held above the benchmark pretty well on the day before a holiday weekend, which is typically a sell day. Looking forward to some upward movement this week.
SYMW - oversold in a hot fuel cell sector with a lot of news and projects in the pike. Could easily go from .0014 today to .05 in a few months based on expected profits/float. MM's have been playing cat and mouse with it in betwee PR's but PR frequency is picking up due to acquisitions.
Are we still expecting news on the DOE grant application in July?
There are an inifinite number of reasons to sell a stock, but only one reason to buy. The unexecpted PR this week caused many to take notice and the expected PR's over the next couple of months will surely bring the buyers out in droves. Nothing better than having front row tickets to the big game!
I was here it wasn't massive. NITE is not so bad, he gives it the illusion that he's walking it down, but he's really pulling back the slingshot. Big gains are possible if you play with him instead of against him.
yea, it's better to play with him than against him. Take his give-away shares. He'll let the slingshot go when the news hits.
NITE did this for weeks in between .0005 and .0008. Only the news can stop him.
Champ is trying every way he knows to hold it down while his funds clear. We established that yesterday. You can hear the desperation in every letter he types. Bashers like him only show up before the big runs, so I'm happy to have him, and I wish him the best of luck in getting back in before the next wave of new.