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Re: None

Monday, 09/08/2014 11:04:07 AM

Monday, September 08, 2014 11:04:07 AM

Post# of 106844
Took almost exactly one hour to fill the second order after the 775 shares on open. One hour of just dead air, sitting parked.

Then it filled about 18K shares on the low-end bid of about .0233.

18K X .0233 = $419.00 bucks worth, in an hours trading (posted at 10:27 Eastern, one hour after open)

The daily chart lately looks like some kind of odd saw-tooth or jerky square wave, as it sits with these long dead spots, then jerks up or down a bit on a single trade, sits again, then a spike up or down for one trade- weird looking.

Doesn't look like any "big financiers" are hanging around, dipping into this one IMO? The only big or up vol days lately are when it sells off.

When it goes into this low vol, ill-liquid mode where it sits parked for an hour or more on very, very low volumes- it usually is setting up for a big sell off, dump day from past experience watching it, IMO.

One sell order of of even modest "size" and it can tank 20% or more in a blink when it gets in this mode- it's done it so many times in just the recent past.

200 DMA is now at .0243 and it's sitting below that and the 50 DMA is now at .0264 and it's well below that now. From a technical/chart point of view- it's pretty much in a down trend now.