InvestorsHub Logo
Followers 174
Posts 30733
Boards Moderated 0
Alias Born 01/01/2006

Re: jackreagan post# 922

Tuesday, 05/29/2007 4:21:31 PM

Tuesday, May 29, 2007 4:21:31 PM

Post# of 1282
I smell a whiff of impatience based on the tape today as some small positions were sold off into MM hands.

I think the rot started when 5 x 5,000 share blocks went through from .06 down to .05 earlier today as if somebody off-loaded 25 k as a market order and MM just walked it down. If this is correct, it seems to have scared a couple of small holders into selling their positions, probably thinking this is toast and wanting to move onto the next play to lose money into the MOMO there by the time they got their buy's in as the front-loaders sold.

Nothing has changed in terms of my enthusiasm for the stock, so I hope I have the opportunity to add some $ to this.


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.