One Step Ahead

[tc346]

Drillbit. My theory about this volume. There was a lot of buying by investors at .0002 recently. At this level there is not much potential for MM's to short it lower. MM's will probably keep it here (.0002/.0003) and accumulate until there is significant reason for investors to hold long beyond .0003/.0004 range. Otherwise, there will be lots of selling once the bid hits .0003. I watch NITE closely, and now he/it is .0002/.0004. Nite and other mm's may indeed be accumulating now and want to play it long for awhile. Just my ideas and how I'm seeing it. I'm probably wrong of course. TC