Posted by: nellocat1 Date: Friday, August 15, 2008 6:01:44 AM
In reply to: balamidas who wrote msg# 2832 Post # of 5297 [Send a link via email]
This stock has a lot fo attention in Europe. Many people talking about it and several buying in Germany.
Today due to this attention, many from Europe will buy in the US because we dont have the four digit trading here.
So we can only trade at 0.001€ and next tick is 0.002€ etc...
And all 0.001@ shares are bought already here. The bid is 0.001 ask 0.002.... what does that mean in USD?
0,001€ is 0.00148 $ and 0.002€ is 0.00296$
That means that the next resistance should be at over or around 0.003$ ... very easy!!!