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Re: hedge_fun post# 21578

Wednesday, 08/04/2010 9:07:18 AM

Wednesday, August 04, 2010 9:07:18 AM

Post# of 64445
PPS mind games

no one was able to sell at 20 or buy at 14 yesterday

this is a Pinkie not an instant Nasdaq trading stock

it sometimes takes 5 to 15 minutes to buy at Ask
and it's even worse when you want to sell !
the MMs wait to see the orders coming in & move the Bid & Ask accordingly
( I know YOU knew this ..... It meant to be a "short cut" for newbies )

IMO, the 'lucky' flippers here sold at 17 & 18 and if they will get back in below 15
they can feel very lucky and successful.
( Not worth flipping this at this time or might not be any time soon, IMO )
This thing is ready to explode any day now, leaving many behind or hopelessly chasing.
Let's see what happens today smile