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Re: ollyboy99 post# 3674

Friday, 06/18/2010 11:13:08 AM

Friday, June 18, 2010 11:13:08 AM

Post# of 16507
"I dont understand the amount of people just wanting out at the bottom makes no sense."

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