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Re: clean4u post# 25980

Tuesday, 11/04/2014 12:41:41 PM

Tuesday, November 04, 2014 12:41:41 PM

Post# of 43083
The BIG BUYER was most likely a Market Maker playin both ends of the trade...Happens all the time on penny stocks that are thinly traded ( stock with few MMs and one controls the trades called the AX)More than likely some type ofstock conversion taking place when all those millions of shares were tradeing and the MM was playin both ends with all those shares ,it was obvious someone was going shortand controlling the bid /ask because we got down 50% or so...Seems to be over now and the stock got some small relief.Breakout will most likely come with some type of news like when we got the deal with Schott or some sort of broad exposure as to what 3dicon is doing..There was no dominate big buyer or the stock would have shot over a penny easy with all the volumn we had..It wasnt the right kind of buying ...shorts always buy to cover at a lower price ,thats where they made a lot of money as they borrowed at the ask and bought back lower at the bid and put the shares back they borrowed that were probably shares that had just been converted nobody knows for sure but we know it wasnt a hugh buyer purchasing millions of shares because the pps would have shot higher in that senario ...OS share count should be higher but by how much..We will know soon.Throw the chart out we need news..charts trading dont work very well on this stock!! WE NEED NEWS and the right news will make your chart look better to the upside.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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