Friday, July 18, 2008 9:52:57 PM
the funny thing is.....lets say there was no reverse split...
the last it traded was .016 x .02....the next day the mm's open it up at .006 x .011....
no bad news or nothing...nothing changed for that drop to .016 x .02 but pure mm b.s
would anybody be selling at .006 the next day...i doubt it...only a few in panic....thats like selling at .60 now...
and most traders would have hit that .011 ask hard and it would have went back up fast to .02....you bet....
so why aren't they buying the low 1.10 ask if they would have murdered that .011 ask....
its all perception....
i quarantee once a few thousand buys hit that 1.10 ask mm's will raise it fast......
its there for fear...its not real and its not a wall.....any buying pressure and it changes the mm's games fast...
the last it traded was .016 x .02....the next day the mm's open it up at .006 x .011....
no bad news or nothing...nothing changed for that drop to .016 x .02 but pure mm b.s
would anybody be selling at .006 the next day...i doubt it...only a few in panic....thats like selling at .60 now...
and most traders would have hit that .011 ask hard and it would have went back up fast to .02....you bet....
so why aren't they buying the low 1.10 ask if they would have murdered that .011 ask....
its all perception....
i quarantee once a few thousand buys hit that 1.10 ask mm's will raise it fast......
its there for fear...its not real and its not a wall.....any buying pressure and it changes the mm's games fast...
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