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Re: utmostbastard post# 1126

Tuesday, 09/29/2009 10:13:26 AM

Tuesday, September 29, 2009 10:13:26 AM

Post# of 1746
It's hard not to laugh at the way they play it. Ask is .28. Next in line is .314. .034 or more than 12% higher. 3 bid squatters at .27, so we have a penny spread with good bid support. A few buys at the ask and someone slaps a $36 sell at the bid to drop the PPS 3.5%. It really IS amusing. A little decent buying and we're at .35 almost immediately AND the next real wall I see is at .45. It's just waiting for some pressure. IMO, it's definitely worth loading up more at .28 if you can get any. But only with small buys. Don't want to send them scrambling up too quick!

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