Thursday, May 29, 2008 5:34:57 PM
We had 1.4 mill in sells vs 2.4 mill in buys... and we're up 100% at one point. that is soooo right on for under .02 for a low float with the volume we saw. Lots of churning. if we were in the .03 range this would fly multi pennies on 4 mill volume. only makes sense when you're talking pennies because percentage gains aren't as great from .03-.04 as from .009 to .018. (25% gain vs. 100%). Same dollar amount, yet bigger gains here undre .02 cause people to sell more quickly. On 4 mill vol if we were at .03 we indefinitely would have hit .06-.07 range. Thats some serious money from here.
Right now is the hard part and today, imo, was way better then i thought it would be!
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