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Re: Lenderboy post# 11995

Thursday, 03/29/2007 6:13:01 PM

Thursday, March 29, 2007 6:13:01 PM

Post# of 56798
Very simple: the open & close prices were the same (.0006), hence no body to today's candle, the top tail (.0011) was the high & the bottom tail (.0004) was the low.

Today's trading action reflected a lot of flipping from new buyers around today's lows & selling of people in from lower (or even higher) who are weary of all the shenanigans surrounding the unfolding scenario with this shell.

Flipping is a good thing for both the traders & the stock but at this point or pretty soon the flipping will no longer help the price action climb as much. I noticed that MMs were sucking up a lot of shares at the bid while people waited a long time for fills at the same bid price, supported the existance of a huge short position on this low o/s stock. We'll have to get to higher levels for the real squeeze to begin. Until the pps gets higher & the flippers get out, flipping will only help the MMs cover their shorted shares at a lower price and the squeeze & "real" MOASS run will not be as great.

All those phoney baloney 123, 911, 411, 666, 657, 5309, etc. buys (which were just a bored trader[s] having "fun") served no purpose other than to cause confusion. There is no mystery surrounding those numbers and contrary to what some believe they are NOT MM signals, etc.

All of the above is, of course, my opinion only.


Buy the Titanic and Double Down on the Hindenberg!!!

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