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What do you meant?
Not sure what will happen, but I do tell you this:
I've been holding for a while. It runs like this every now and then. The only difference I can see today is the spread. It has actually maintained pretty spread out. That is not normal. Usually the spread is much tighter. This fluctuation in the spread makes it seems like there are a good amount of shares locked in. MMs are trying to spur the trading. Nobody is willing to part with shares at the bid or they can't unload them. So, any news can catapult the PPS.
IMHO
Now, you can see that the volume was mostly ask volume. However, it only takes a few trades on the bid and the stock dips. People were smacking .0005 but not enough sustained pressure to move to .0006 on the ask as a few trades at the bid .0004 made it eventually drop to ask of .0004 and a bid of .0003. Only to end up in those large trades for an uptick.
Something is going on, as for sure the ask volume was greater than the bid volume. Not sure of the ratio 5:1 but absolutely more ask volume than bid volume.
I think you mean that 55 mil were on an uptick. Firelane is right. You can't have more buys then sells, this why it is a trade. Now, if the buys are on the uptick then buy volume wins and generally the stock moves up to the next ask level. If selling is on the bid, sell volume prevails and down the stock price goes.
We ended on an uptick because the last two trades seemed like some one bought shares on the uptick and lots of it. 6mill were traded in 2 minutes at the ask.
Trade 0.0004 5,000,000 3:52 PM NASD Bulletin Board - Trade 0.0004 1,000,000 3:50 PM NASD Bulletin Board -
So I'm not sure if you missed posted or meant to say what I am stating.
GLTYA
Man, the jury is out on this one. Who knows what it will decide. The stock is in deep hibernation right now.
Just need one more pop.
gut feeling it will run? I've been holding this a while, hoping to just get my money back.
Hi: He usually streams out of here: http://www.moneytv.net/program.htm
for those on iphones: http://www.emergingcompany.com/volume14week15qt.mov
GUYS: Listen to this: http://www.emergingcompany.com/volume14week15f.htm
he pumps go800 in his monologue!!!
Jay Jay, projecting revenue and actually booking it are two different things in the penny world. Trust me, when that revenue book says there are 100k monthly in recurring revenue attributed to 2010, the stock is gone. Saying you will have revenue in the penny land is pretty good, but doing it is stellar.
When you are close to breaking even or even positive on cash from operations, and you report that; Crap, getting teary eyed just thinking about it.
GO GOIG.
Level II etrade shows giant spread. Has to be a glitch. .013 / .09
It should read, DON't ASK!!! The wires are probably smoking from all the action. LOL System is fried.
Etrade has it at .09 ask and .013 bid...one hell of a spread.
142% will catch some folks eyes tomorrow. You'll see. I just caution again with the MMs. Saw some sneaky stuff today where they sold to cover in the middle of a buying frenzy almost a 1/2 point under the bid. Just look at the trade logs and you'll see it.
Hi, it is not about being lame or not. This stock can be manipulated. Today in a few buys at .023, some one sold at .015. I guarantee that was a MM asking for shares at a normal lot of 5000. I don't think sell off is tomorrow, but next week you can see the same thing. I hope not, but it is possible.
level 2 normal again. nice spread and some serious negotiation taking place between buyers and sellers. Still might be some manipulation, but nothing like yesterday where there were 20 buys and no up tick and 1 sell and a down tick.
Hopefully we do have a run tomorrow. You could see the level 2 quotes all day just did not make any sense. We'll know as soon as trading starts.
GLTYA
That's what they said about this company. By the way, they never bothered to move off of the OTCB:
http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=ntdoy
Click on company info ;)
so how did the MMs find out :)
This defies logic. How many buys at the ask vs selling at the BID!!!
i second this post.
MM by nature are greedy folks. They make millions. Here is a good read if you have time. It will give you some interesting perspective into what is happening. Even the big time run up and down. The other pressure on this stock is the dilution as the company needs funds apparently:
http://www.traders101.com/article-market-makers-1.asp
I've been in pennies a while and can't disagree with this. Info is a bit old but not outdated. Same game.
GLTYA
major dumping of shares
unloading big time. Wall at .015 but thin on the bid could see .0145 before this is done unless some major buying happens.
Man looked good...moving up now for sure.
It may. There seems to be resistance at the .015 level. And the buys are decent. At one point it seems we were going way down, but that invisible wall as there at .015. Could just be MM manipulation setting it up for shorting of course, never know.
lots of buys at that .0160-.0161 level though
I'm doing the same. I keep getting called back from a law firm in NY. This is pretty strange. I'm going to call the Law firm in the AM to see if there is any association.
This is severely being played. Amazing how they walk it up at will, pickup and make it shoot up. Folks, until some MAJOR news or revenue sets in (June), don't eat till after 4pm. It is going to be a long ride.
well, iVoice trade over a billion shares today and is having similar movement to sswc....could be.
The volume is unreal, just think freaking Citi Group trades at that level.
I predict they'll walk it up again and take profits and walk it back down.
Sorry, the entered Application Number "12/699253" is not available.
The number may have been incorrectly typed, or assigned to an application
that is not yet available for public inspection.
That's from the site: http://portal.uspto.gov/external/portal/!ut/p/kcxml/04_Sj9SPykssy0xPLMnMz0vM0Y_QjzKLN4gPMATJgFieAfqRqCLGpugijnABX4_83FT9IKBEpDlQxNDCRz8qJzU9MblSP1jfWz9AvyA3NDSi3NsRAHxEBJg!/delta/base64xml/L0lJSk03dWlDU1lKSi9vQXd3QUFNWWdBQ0VJUWhDRUVJaEZLQSEvNEZHZ2RZbktKMEZSb1hmckNIZGgvN18wXzE4TC8yMS9zYS5nZXRCaWI!#7_0_18L
Link may not work...however, JohnSamuel is correct 100%. This patent will take a while.
Guy is a fool...i own goig...it went to .06 :) settling in nicely at .0263 I hope he covered.
I'm for 3 mill shares. Let's see what happens.
Doubt this is GOIG, but still a good flip. They had an operating Loss. The profit came from favorable accounting, which is like a slide of the hands in a card game. I will still load up to just trade on the hype. GLTYA
It's been like this for a while now. I don't think it goes below .0005 either.
Excellent point!
Yeah they use several including ACH.