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Re: EarnestDD post# 7815

Monday, 07/19/2010 5:04:29 PM

Monday, July 19, 2010 5:04:29 PM

Post# of 112299
It might be worth a play soon. Just like a 0.0001-3 breaking out of the 0.0004 range is tough, MMs are going to have a hard time covering into the ideal 0.0001-0003 range. The company has released shares (as they all do) and now the dump has let up. Now the MMs need to break the 0.0003-4 range downward to get their cover dream.

Retail emotion can only be played so hard with the limited shares bought in this range. Most are averaging down before dumping for huge losses. What the MM does is create a large volume spike with a nice run from 0.0007-11 range, and trap those people into selling off to break the lower resistances. This volume and price run will be needed. Should be soon. The company can always stop the trap, but for the time being the spike should be coming.

This would be about the 10th popular pick to do this in the last month or so

Because everything is sort of like something else.