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Re: Penny Stalker post# 1866

Thursday, 11/12/2009 6:51:25 PM

Thursday, November 12, 2009 6:51:25 PM

Post# of 4679
There is a strong seller in the stock. He/she is controlling the bid and ask. Yes, sometimes 5K shares will not break the ask ceiling. However, when the ceiling is shattered and the next ask is hit (even by one single share), the market value goes up. Did you notice the 100K, 30+K, and 52K sells to the bidder today? That was a STRONG seller making money. The good news is that these caliber of sales create a stronger level of support. I think it is fairly safe to say that the new support level is at or around .027. The volume and buy/sell ratio was the most positive characteristic of today's trading. Just remember the DD and future news brings this stock to a new level of awareness. All, imo.

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