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Re: jaimerodriques post# 5091

Tuesday, 09/14/2010 11:24:59 AM

Tuesday, September 14, 2010 11:24:59 AM

Post# of 66847
Bid whacking is people selling at the bid NOT buying >> When a stock is in a quiet period why would anyone slap the ask ?? Especially if they already have shares. If someone would come in and "slap" the ask right now with 10,000 bucks the ask would raise for a very short time. It would settle right back to where we are now >> it would be good for flippers YES. The only time to slap the ask is when it's too late IMO >>> and that is when NEWS hits. THEN the momo takes it north and stays there for a while IF the company does not stomp on that momo. There nothing wrong with BID support right now >> it's smart buying and it helps hold it steady. Do you see many .0001s anymore ?? Hells fire it's getting hard to buy 2s BECAUSE the BID has support !!!!!

IT will fly when the company PRs something big.

GLTY

jason