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Re: frodo_1978 post# 5489

Wednesday, 05/04/2011 1:39:50 PM

Wednesday, May 04, 2011 1:39:50 PM

Post# of 19899
to be exact, there have been about 5 million buys to 1.5 million sells after TADF hit the 200 day moving average.

Some may not agree, but i see this as clear manipulation and games by MM's. For instance, lets go back to the drop to .0032.

The MM's were able to get people to sell all the way down to .0032, then inexplicably, WITH NO BUYING, they raised the ASK from .0033 to .0043. There were NO buy orders, only small sells as they were raising the ASK to .0043 all in the span of less than 15 minutes. So, ask yourself how this happens? the ask is raised from .0033 to .0043 with no buy orders, only small blocks of sells. These are games, MM's were able to scoop up shares in the low .003's and sold then in the .004's. Not making it up, its all there on the tape. Overall buying and selling for the day has been even, MM's can do their thing in the short term, but they cant stop the buying interest. Money keeps pouring into this stock. Short term turbulence will pass, a bullflag will be setup once again, and it will break it again. Next leg up points to the .0075 - .01 range. Maybe more if news hits, then all bets are off, no telling how high it could go

GLTA

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