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Alias Born | 06/14/2010 |
Friday, June 18, 2010 11:13:08 AM
To answer your question...I believe that it's shorties who want to kill this stock...assume that u have 10 millions on the bid (demand side: doesn't matter if they want to load or form a support line @ the moment when people r selling) & 10 millions on the ask (supply side: could be shorters, people who want to make a little profit, weak-traders, etc.)...Once the two (Bid &Ask) cancel out...and buyers and supporter run out of $$$ @ that specific pt. then...it only takes shorties an additional 10,000 or 20,000 to drive the PPS down in double digits percent @ that moment in time ...and the trend continue on...and that's how the PPS decrease by xx percent each day...
The problem with this stock and like many other stock that r falling...is that the public or buyers r not aware, lack interest, or afraid to take risk...I don't blame them though. I'm a risk taker on the other hand...@ the age of 22 I already had VIP access to 6 major casino in Las Vegas...and a few VIP passes to couple of India's casinos in Southern CA area.
-GLTA
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