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Re: sanosurfer post# 41

Monday, 12/14/2009 2:39:28 PM

Monday, December 14, 2009 2:39:28 PM

Post# of 1435
Some one has either bailed out of a large position today, or is shorting the stock to shake loose cheaper shares, or both maybe, one triggering the other? Volume as I type is way up, over 330,000 shares traded today with what looks like about 93,000 and later about 203,000 sold in 2 large block trades today at .06. We have already reached 5 times 10 and 90 day average daily volume and we are down at the .06 low on those sales. But ask is still holding .08 at times.

And this on a new highs for many stocks and indexes rally day going into options expiration at the week end. I am still holding with bids at .04, but I am starting to get concerned about the markets direction after year end, and early next week. If markets do make a large pull back soon, as many are predicting, it could nasty for a stock like this one, unless some one has set a bottom .06?

I do expect it get more volatile next week!
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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