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Re: Bernie-UK post# 52583

Sunday, 12/28/2014 10:03:54 AM

Sunday, December 28, 2014 10:03:54 AM

Post# of 111925
Cheds is right in my opinion. I can attest there were no diluting MM's on the ask Wednesday afternoon and all day Friday (lower than .0040). There was a sustainable buying pressure to increase a little but nothing to make it run.

My best guess on sellers are retail end of year sell outs. Remember this stock was probably referred to a lot of friends during the year who might not know what they really invested in.

I think as dilution slows and the year end sells ends the ask will slowly get smacked until one day it starts a massive run up (company update?).

Once I get a look at December shares as an entirety I will have a better idea of how much dilution has been done. There is more out there just not at these levels MM's are not going to take a hit when there is no need.

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