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Re: Skip22 post# 14578

Tuesday, 12/27/2011 4:32:33 PM

Tuesday, December 27, 2011 4:32:33 PM

Post# of 28811
well looking at the charts on KGRI ...I'm almost 99.9% positive that there are MM's that are upside down on this. If you look at the trading chart back in June, when the stock was moving hot they were averaging about .0008 entry price... Even if the company puts out news, the buying has to come from somewhere us day traders are only 1 part of this system, and looking at how hot this was moving back then it means that the MM got in first.

Thats always the case because they bring in the buying...not all of them would be upside down because obviously someone really shorted this down but enough would be to make a worth while push at this current level. I'm doing some research but there may be some shorts already in for the .0005-6 range which is why I know sustained trading over .0004 is could be tuff so the opportunity is between .0001 and .0004 but if it does crack .0004 and trades consistently move over that mark then it off to .0013...I suspect we'll know right away...

but yes the MM can do well on this to come in buying at .0001-.0004 move thier position at .0005-6 with shorts built in afterwards and short it back down to .0004 it would fit the trading patterns of KGRI...so that is why I'm saying from a trading standpoint moving shares between .0001-.0004 back and forth is where we can make good money on this