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Re: mikepga1 post# 2555

Thursday, 10/27/2011 4:39:14 PM

Thursday, October 27, 2011 4:39:14 PM

Post# of 6612
Or it is an MM that desperately needs shares to cover their shorts. The walk down has had no volume, and every time some one has bought a huge lot at the ask, the MMs immediately walk it down on tiny volume. I am getting ready to sell the ranch and buy like crazy here if there is any real selling.

Check the charts on this and it shows buyers accumulating on the walk down, not distribution or share dumping in any volume.

Ask yourself why with the best MM bid listed as .06 for a week now, would someone dump shares at .06, just after several large buys at .10? I guess it could be someone stupid enough to be using stop loss orders at .08 after buying at .10, getting stopped out .06?

Buy (LOL) the way, I added to my stash today at .10

Ambition with out knowledge is like ship in dry dock. Going nowhere fast!

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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