***DRDF A serious perspective on TA ***
Going strictly by the candles - I think it will run today. Keep in mind that this market is all manipulation and promotion. Forget the reports! They mean nothing! This is a promotion game and the only question is, do they have the power to move it higher? Chart looks good to me - should see it break the .015 mark today.
I placed a bid at 3:49 pm for 135K @ the asked--- .011. They gave me 5000 shares! I left it there to close and they gave me another 25k. Whoo hoo! They then closed the day @ .0115 on on 20k leaving the rest of my order for the history books.... does that tell you something? They gave me just enough to keep me interested. They need buyer on the way up! Well F-ckem. I still hold plenty @ .0072. I see there was plenty of trading over .01 so far. Oh and I hate gaps! They usually get filled. So this one is not over. yes we all may be surprised and it might fly but that is the big question. Let's all face it, if there was no gap, we all would know it was going higher.... More MMs games to play with our heads! I still did not forget that at the open I was bidding .01 and got 5k only ..... These sub penny markets are brutal.
These market makers are so clever!! They will move the stock around to make it look weak as hell, then strong again, then weak again, etc. They never let you relax! They know the emotional game so well. They whip you from greed, to indecision, to fear, and back again many times during the trading day. It takes nerves of steel!! And some good trading skills. They were likely shorting DRDF on the run to .015 - as much as they could get off, and shorted it down to .01, then began buying paper to cover their short position and reposition any of their long position that they bailed on. They will probably wait until the stock is very clean and they have most of the available float after the spike, before taking it for another run. This time through .015 and on to .02.
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