American Green Inc (ERBB)

[thebaseballdoctor]

I would add some shares to my small position, but my gut tells me that the MM's might want to blow through the .0180 resistance, on a quick trip downward to briefly test the .0160 50 DMA support, which, if it holds, would signal a good entry point. The previous 2 million share head fake on the bid having been used to try to influence the PPS movement. Unfortunately, the bulls did not follow up to test the waters. And, now, the bears/shorts are ready to take their turn at bat... There also might be some day traders exiting positions that could also have a negative effect.

How sad how the MM's are "paid" professionals, responsible for controlling the upward and downward movement of the PPS...to "regulate" and "prevent" drastic upward, or downward, movements of the PPS...to put a bridle on the wills of those bulls and bears pushing the envelop, competing for PPS supremacy. The battle rarely is fair, allowing for the best combatant to prevail...

IMHO, and that of others, the MM's represent very real conflicts of interest, as they have billions of dollar incentives for controlling/manipulating the movement of the PPS.

Next week could be a huge week, with the machines, etc.