InvestorsHub Logo
Followers 5
Posts 857
Boards Moderated 0
Alias Born 08/17/2010

Re: oldguy post# 6495

Thursday, 03/03/2011 5:16:53 PM

Thursday, March 03, 2011 5:16:53 PM

Post# of 96905
Need More, Old Guy...

Are you saying there was a 300 share lot Offered @ 20.76 cents / share? Or what? (I looked at the traded lots and the only 300 share lot went off at 20.9 at the open.)

I am referring generally to the regular whacks on the Bids and incessant Low Offers vs. just letting the stock come to us. It wants to run, I don't think there's a fundamental reason for overhang, so I think all it takes is a steady flow of minor sellers to prop up the market makers.

If we agreed to a Sellers Holiday and pulled all the Offers you guys have out there (I have none -- not even an order to sell 10 million shares at $5) for ONE day, I'll bet it would pop to 25+

Wanna test it? Is everyone afraid someone might beat them to the punch of whacking the latest Bid? Go whack something else for a day and make money by letting it go up.

If it works -- it will -- try it again on Monday! Who knows, we might see 31 next week... then get some killer news and launch from there vs. waste good news down here in the cheap seats.

CQD

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.