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MikeSo

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MikeSo

Re: #NeverPennyLand post# 79351

Tuesday, 08/30/2011 1:05:53 PM

Tuesday, August 30, 2011 1:05:53 PM

Post# of 155603
Interesting observation. I suspect it's a touch flawed though. With the exception of the first minute or two of the trading day, MMTE has traded at 0.001 or higher. Since about 1100, it's only traded at 0.001. There has not been a trade during that period at 0.0009, which is the bid. How do you come to the conclusion that trading is about to drop to 0.0009? How can you come to the conclusion that no one is buying when all transactions since 1100 have been at the ask?
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