InvestorsHub Logo
Followers 20
Posts 2662
Boards Moderated 1
Alias Born 10/31/2006

Re: None

Thursday, 04/19/2007 3:11:22 PM

Thursday, April 19, 2007 3:11:22 PM

Post# of 19575
my take on the .004 sell.

it was either
a. a MM trick to trigger stop losses at which a sell off would occur

b. someone tried to put in .014 and mistakenly put in .004..i dont buy this, if it were .0014 then yeah..but not .004 thats just way off.

in any case, this might be bad and good for the charts. it does mess up some price indicators, but for a bystanding chartist to see the long shadow and the fact that we closed so much higher than .004 would indicate that buying took it back from .004 levels..

*** Dont listen to me I am just a MilkShake!!!!
http://www.investorshub.com/boards/board.asp?board_id=8369

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.