InvestorsHub Logo
Followers 3
Posts 548
Boards Moderated 0
Alias Born 06/13/2006

Re: A deleted message

Tuesday, 08/15/2006 1:41:23 PM

Tuesday, August 15, 2006 1:41:23 PM

Post# of 6991
I have level 2 and streaming time and sales. I see every trade going off. 80% of the trades being on the bid is a gross exaggeration. More simply put, its just not true.

Regardless, everytime someone sells someone is buying from them and vice-versa. Every trade in the market is a buy and a sell. Obviously there is strength on the bid and people still willing to buy from the sellers. If there weren't still buyers taking the stock from the sellers, the stock would crash. Especially a small float like this, and that is just not happening with RSPG.

BTW: The last trade was at 2.47 a mere .04 off yesterday's closing price.

-------------------------------
I am holding the stocks I discuss on this board, unless stated otherwise. I am not giving any investment advice. Penny stocks are risky investments. Do your own research before buying any stock.

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.