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Re: MGrudz1 post# 447

Thursday, 07/28/2016 9:30:43 PM

Thursday, July 28, 2016 9:30:43 PM

Post# of 32923
Like I said to you earlier, stocks trade up and down for a multitude of reasons, there are good and then there are bad, in this case imo it traded down on very low volume today because bid support was taken out, now if you were watching L2 you would have noticed that the market maker CANT and ASCM sat at .089 and .09 allday and were not able to get anyone to sell them shares at those prices. That tells me the ones who have shares are not selling to them at that price, they are holding fast. When we get more volume coming in this will take care of that issue. If you are in already, dont cost avg. down, wait to get back to even or a tick ahead before buying more, but remember always have a mental stop loss number in mind and stick to it.