When I see those kinds of numbers on a sub penny I will buy more every time... and remember there is no better time to buy then when people are panic selling... Just look how much Level II has slowed down. That panic was started in pre market. Anyone watching level II could see that yesterdays close was 0037 Yet just about a minute maybe two the ASK was put up at 0035 and the Bid was 0033
Then selling started...they set off about 2 million in sells at the 0033 to 0031 range and then the panic started... and within just over 5 minutes it touched 0012
Now who do you think was buying all of those shares from the low 002's down to 0012 The same ones who set up the panic to begin with. They did not count on the revenue and projected revenue figures being put out there and that caused the bounce back... now its just trading as it would normally. In less than 20 min over 90 million shares traded... 40 min after that we only have 112 million or about 20 million shares traded. and at the rate its going it may make it to 125 or 130 by the close. Panic selling is the time to get in. IMO
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