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Re: mick post# 10644

Sunday, 11/09/2008 2:30:16 AM

Sunday, November 09, 2008 2:30:16 AM

Post# of 58002
hi Mick - I was thinking about the morning spreads after seeing this post again. I've been tracking the stock throughout the day almost as though I'm a stalker... Level-2 through Quotestream is pretty nice... Anyway, the spreads are very good here from the Bid perspective over the last week. We normally have 2x MM at .002 and the pesky seller at .0022. The seller behind NITE won't come down to the Bid - and I agree with what Manti says - that they probably acquired their shares at .002 and want their 10% gain on it.

Anyway, once NITE is gone at .002, there is normally another .002 and then .035 and up beyond that. I think we'll run 50%-100% a few days in a row if we can get beyond our seller. A few flippers here and there are likely, but if we can get going, I think the longs will keep the shares out until .01/.02!

Your thoughts?