AI
Tuesday, December 28, 2010 6:50:47 PM
No doubt about it the MM's are pulling all the tricks in their playbook.
I was trading this Stock before it had hardly any liquidity and now I can see many things going on.
Usually a Equity doesn't drop below the Bottom Bolinger band unless there's bad news but as you can see they decided to go back around 12 Months to really shake the loose ones out.
In the past few months as I was accumulating they would jump me on the bid all the time and when I hit the assk for 5 to 10k worth it would take 5 minutes and sometimes only partial fill,I still see them on L2 with 5000 but a lot of times they only hold token amounts like 1500.
I think your right in some tax loss selling but I can see huge blocks being accumulated and know of a fair amount of people buying for the longer term like me.
All were waiting for is news that will answer the question on how the financing will take place to build more machines and from what I've heard its real close and the margins will make ESPH a Stock to hold as NG takes off with the Trucking Industry,in General and more Municipalities.[Buses,Garbage,ect]
Wayyyyyyyyyyyy oversold
I was trading this Stock before it had hardly any liquidity and now I can see many things going on.
Usually a Equity doesn't drop below the Bottom Bolinger band unless there's bad news but as you can see they decided to go back around 12 Months to really shake the loose ones out.
In the past few months as I was accumulating they would jump me on the bid all the time and when I hit the assk for 5 to 10k worth it would take 5 minutes and sometimes only partial fill,I still see them on L2 with 5000 but a lot of times they only hold token amounts like 1500.
I think your right in some tax loss selling but I can see huge blocks being accumulated and know of a fair amount of people buying for the longer term like me.
All were waiting for is news that will answer the question on how the financing will take place to build more machines and from what I've heard its real close and the margins will make ESPH a Stock to hold as NG takes off with the Trucking Industry,in General and more Municipalities.[Buses,Garbage,ect]
Wayyyyyyyyyyyy oversold
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