InvestorsHub Logo
Followers 10
Posts 2042
Boards Moderated 0
Alias Born 02/17/2006

Re: fltrader post# 10528

Tuesday, 10/02/2007 9:35:19 AM

Tuesday, October 02, 2007 9:35:19 AM

Post# of 18151
fltrader: Doesn't surprise me at all. A huge percentage of people who trade subpenny stocks don't bother to read any message boards, and if it isn't posted as 'news' on Yahoo! or pinksheets.com on IHub, they'll never know about it because DD isn't there thing.

Right now, the chart looks virtually identical in formation to what it was when it went to over .045 back in 2006. That's what these 'investors' are looking at. The chart sucks, but they see that comparison and think, 'here we go again.'

There were much more MMs trying to sell at .0003 (13 vs 8), and fewer trying to buy at .0002 (9 vs 14) yesterday. That should get more pronounced today.

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.