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Re: dfh post# 12698

Thursday, 03/09/2006 12:32:39 AM

Thursday, March 09, 2006 12:32:39 AM

Post# of 23724
Some of us will trade a day like this.
I actually sold 50,000 @ .094 and bought it back at .088.
I also bought back 100k at .086 last week that I had sold higher the week earlier.
I still have the highest number of shares I've ever owned.

My point is: the MMs will move the B&A around to catch these trades and many apparent Sells are actually retail Buys from the MM. They moved the B&A down to pick up my 50K Bid which became the "Ask" amount towards the end of the day last week and then moved the B&A right back up .003 to the day long B&A.

I'm not sure how many others bought and sold today, but we did have enough of a range to do it and we must have some multi day swing traders who mask the actual "net" sells vs "net" buys. I've never been able to really tell what the "net" is except by price moves and/or watching the real time moves of the B&A.

The bottom line is: we still have more "consultant" selling than retail buying; thus, we are where we are.

As several have said today, PWTC will have to clear out a ton of "overhead" before this stock will really gain momentum.
Good fundamentals and known Revenue could do it though.
jmho

Good luck to us all.

Bill
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y