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Re: Pen99ny post# 23151

Friday, 01/14/2011 11:18:21 AM

Friday, January 14, 2011 11:18:21 AM

Post# of 30927
i dont think he was insinuating that you are fliping, just replied based of your L2 data... very very low volume. you are prob right with seeing a drop. after all it is friday and many do not like to have their funds tied up.

put it this way, either we go up some as people finally pull the trigger to buy, or go down as some decided they want a fresh start on Tuesday, no trading on monday) we will not be between 16 and 18 by close of today. (based off the way this has been trading i just don't see staying stagnant happening)

i hate making predictions, but we've been getting a surge of volume at the end of the day this week. and i think it will happen again today.

the other thing is, flipping 100K or even 500K shares .0001 is pretty risky plus with a volume of 5M that would be 500$ profit on a 8000$ bet... there are better stocks out there for flipping. there is no volume here for flipping, it's not like one guy keeps buying Millions at 16 and selling at 17, 18, 19... it's impossible.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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