Friday, November 19, 2010 12:27:55 PM
36M sold on 0.0003 today, but bids never decrease, but even got thicker. What do you think? I think this is the loading to move back up hard in near future.
In worst senario, even the company's selling shares exceed the bids moving down, I guess these strong buyers loading today will take 3's again and quickly make it bounce off 0.0002.
If this was hitting 0.0003 continously and today shows this selling volume again on 0.0003, it's obvious it's selling heading downside, but don't you think something smelly here? There has been lots of good volume hitting 0.0004 on ask sides for three days until this morning and since it hit 0.0003 last month, then now they hit bulks of 0.0003 today. Probably this is because why we see strong bids today. they're trying to load up more from those people who have been loading up.
So if you're thinking of selling here for loss, make a good decision. I keep buying until I see 0.0008 at least.
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