How long have you been watching this? Each time the bid creeps, it is usually a sign that this is about to run. NITE has not jumped other MMs to get to the top bid for days. Before the last run ARCA showed up and purchased sereral hundred thousand shares and then sold into the run of the 8K. Guess what, ARCA showed up last Wed and bought about half a million, and they have not been back to sell yet. Do you know anything about ARCA? They dont come to penny land often, and when they do, they dont lose money. They are one of the biggest money managers in the world. They bought last week to sell into a run, I guarantee that, and they havent sold yet. Ill wait till they show back up to make my choice on what to do. Ive been watching this for well over a month and have called each run, so you dont have to listen to me if you dont want.
