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Re: deadjim post# 56979

Tuesday, 05/17/2011 10:15:27 AM

Tuesday, May 17, 2011 10:15:27 AM

Post# of 173300
"Stocks go up,... and then they crash... stocks go up.. and then they crash ... - Jim Carrey, on SNL ...who cares why, really. there could be a million reasons. likely it's 4-5 traders selling out of a large position."

Hey, there's a powerful factoid explaining things. Such ridiculously low volume (compared to shares outstanding) as we are seeing invites lower or higher prices depending upon the very few who are hungry in one direction or the other.

Works for me. I've been accumulating all along on stink bids set modestly below ask. Were the price stable or rising, I would not be acquiring shares at all. Looking at .0255 at the moment. Will it happen? Dunno and don't care, really. Just trying to take advantage of what I see as a gross inefficiency in the market.

Certainly I'd prefer higher prices. But, man, if this is Cool Aid, it tastes great to me! Besides, I'm still breathing, and I'm confident I will soon turn into a tall, cherry flavored Sugar Daddy. YEEeee HAAaaaaaaaaw!

VP in AZ
Volume:
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Total Trades:
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  • 6M
  • 1Y
  • 5Y
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