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Re: HotStockAce post# 37442

Friday, 06/11/2010 12:25:22 AM

Friday, June 11, 2010 12:25:22 AM

Post# of 111215
Can you elaborate a little more on what you mean by bid whacking. At this level wouldn't it be those who got in early just selling continously for profits? Can't see late comers selling for losses. I also know the other component of that is folks not willing to buy the ask...Seems MMs have trapped folks into thinking it is not worth it...even at these levels. The 3rd thought is dilution...this notion that the float is tight here can't really hold water...Anyway as I said I am looing for a bottom to do my thing...just does not seem we are close to it yet...Happy trading...


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