EFuel EFN Corp (EFLN)

[Oz the OK]

Do you guys think we will close green today?

No....this will most likely be a red day.

I was just reviewing the trades from this morning. In the first 15 minutes, 16 million shares traded. The MM's were filling just about every available buy order at .0020, with a quick blip to .0021.

However, once those initial morning buy orders were filled, one sell order of only 50,000 shares dropped the price 5 ticks to .0015, and we've been trading around that range since. With no new buying pressure after the weekend buy orders were filled, it was too easy for the MM's to drop it in price between themselves.

Somebody bought a 5 million block at .0020 for $10,000 investment 2 minutes after the opening bell. They're sitting on a $3000 loss right now. OUCH.

Lotso peeps thought they'd make a quick buck this morning. Didn't happen. I've seen this happen way too many times in my life. Classic buy the rumor, sell the fact.