InvestorsHub Logo
Followers 29
Posts 1687
Boards Moderated 0
Alias Born 01/02/2008

Re: bleach_ post# 9369

Friday, 12/29/2017 5:05:37 PM

Friday, December 29, 2017 5:05:37 PM

Post# of 9947
I would take what your friend says with a grain of salt. A lot of people claim MM conspiracies that simply aren't true. iHub is full of people attributing all kinds of nonsense to MM's.

Frankly, I saw almost no manipulation all week, and I watched almost every trade. No weird bid/ask games or anything like that. It was a nice, orderly, tick-by-tick climb, driven by buys at the ask and very few sales, almost none of which were at the bid. In other words, the buying was real, and it resembled what some of us had been expecting.

Because of the change in tax laws, I'm not really sure what will happen next week. I expect some profit taking, but I also expect buying. If there is a big dip (I don't think there will be), I would consider it a buying opportunity.

Remember, February ought to be a pretty significant month for us. Most people aren't selling now. If the MM's do play games, I don't think it will be catastrophic for us. Worst case scenario, we might see .06's or .07's again next week. But I think we might see .09

The potential for a huge increase in value is very real in 2018, depending on study results. So speculators will be coming in (or dropping out) That will affect buying behavior and pps more than MM's will.

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