ski, the last 2 pr's have been important. Chartgirl's post and
your asessment holds the key to maybe seeing the huge breakout with NMCX. That is if last night's news doesn't cause a breakout first. :)
The MM's actions are so transparent. They pick and chose what stocks will be allowed to run in any one day. EZTO is a perfect example. The website and news came out last week, yet they held it back creating some uncertainty, when really they were just accumulating shares to allow yesterday's very strong run. There was nothing really new yesterday versus last week. CYOS was a similar example of MM share accumulation then allowing a run a couple of days after news. BVLE is another. The list can go on.
What is hard to determine is when they hold a pps down to accumulate, versus holding it down establishing a short position to create further fear and high percentage downward movement. In NMCX's case, they U-turned this from .045, setting up short positions all the way back to .01. From those low levels the pps has so much uncertainly about it, any covering they do for their profits are easy accomplished at that point. They are able to easily strongarm the price to keep it low because of the uncertainty they artificially created. They do this with many stocks.
There should be a run today and beyond. We'll see if the previous pattern repeats or if yesterday's news was strong enough to bust their hold.
The best we can do is DD good plays and hope the news and market emotion about the company is strong enough to create nice runs, breaking the MM's hold on a stock as long as possible.
Your words were kind so thank you, but many do DD and work far beyond what I do. The quick analyzing of numbers, corporate dynamics and predicting market reaction is my .02 added to the discussion. T/A is still a challenge...lol. I'm 95% clueless and follow others lead. Mach and some others do amazing work at getting an audience of CEO's.
I'm starting to see this board as truly 1-step-ahead of strong market moves. SPEA, TLTD, NEOM, XLPI and EZTO were all pointed out ahead of runs. Lately it's plays where DD is brought here on some plays that aren't the "hot mover" of the day, but allow good entries and the runs occur a bit later in time. XLPI and EZTO are textbook examples of what I'm talking about. We'll see if this trend continues. Some did great in XLPI, but I have this feeling many here sold EZTO when nothing happened to the pps after the site came up last week. Guilty here. I could be wrong but I didn't see many mentioning their 80% gain yesterday. On some of these 'DD'ed - Low o/s plays' a bit patience might be our key.
The kids are good and it's been busy. Leaving soon and will not see the market open today. There's about 1/2 hour window mid-morning for a quick scan at things, then hopefully more time this afternoon.
I'm not in NMCX and won't be around to enter, but for your sake and those getting in early today I hope it flies to the sky for you! : )
Bo
