Tuesday, July 10, 2007 10:16:25 PM
"I see a close for the end of the week at .003 and next week a half a penny" From Varok
Posted by: varok
In reply to: Cee-It who wrote msg# 52734
Date:7/10/2007 12:22:09 PM
Post #of 53496
Good afternoon,
A great day!!
Actually this is what you want..NITE is an intimidator and usually is the one that sits on the ask,but generally not well above the current.MMs know the general trader looks at NITE as a shaker ..Traders will feel that holding his position and not moving appears something is up and an attempt for his co-MM that are sitting on the bid to acquire a cover or short position. They work in tendum..
It appears nite isn't fully in the game presently and he may just be acquiring for large investors.Right now it appears he isn't really to accept buyers indicated by his position at .0015.
We are looking very good and sustainability is probably indicating to a higher close..Here is where you keep an eye on NITE..I'm glad he is well above the ask and even he feels we are going higher..lol
The churning effect is in...Here is where many will take huge profits and rightfully so and continue on with Free Shares.MM know that they need to clean out the bottom feeders and there're many that have accumulated in .0003 to .0006 range..The one problem I see for the MM is pressure and they feel it as well..PRs will be the prevailing winds this week and that just alone is causing exuberance not often seen.
The gap this morning may not get filled and if it does, will be short lived..Not such a huge gap and with the releases probably going through launch week presents itself with too much momentum..Eventually it will all settle back,but definitely the game is on..
I see a close for the end of the week at .003 and next week a half a penny....
Have a good day
Varok
Transforming Alzheimer's Treatment: Innovative Combinations to Boost Cognition • PFE • Oct 2, 2024 9:00 AM
Unitronix Corp Unveils Cryptocurrency Investment Portfolio Strategy • UTRX • Oct 2, 2024 8:40 AM
Integrated Ventures, Inc Reports Total 2024 Revenues Of $5,863,935 vs $3,862,849 for 2023. • INTV • Oct 1, 2024 9:00 AM
Nightfood Signs Letter of Intent to Acquire Los Angeles Cooking School, Integrating Automation and Robotics with World-Class Culinary Training • NGTF • Oct 1, 2024 8:30 AM
ZenaTech, Inc. (NASDAQ: ZENA) To Commence Trading Today • COOP • Oct 1, 2024 7:00 AM
Element79 Gold Corp secures loi for launching tailings reprocessing business in Arequipa, Peru • ELMGF • Oct 1, 2024 6:38 AM