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Re: GlassCrasher post# 6175

Monday, 02/27/2012 10:25:02 PM

Monday, February 27, 2012 10:25:02 PM

Post# of 6835
classic, volume drops off but the pps holds.

In your chart you can really see the flag forming on top of that pole wink

VFIN and on occasion NITE have been the sellers here (for a long time). Both we're on the best offer at the open, along with PERT. To see how they reacted I bid the best offer for 750k. The result was an instant 5k print and NITE moved up to .0035. 36 seconds later they gave be a 40k print and 5 seconds later a 250k print and both VFIN and PERT moved higher to .0034 - AUTO appeared a few seconds later on the new best bid of .0033 (showing a 455, the remaining size of my order). A little over 2 mins later someone whacked my bid completing my order.

So the sellers here are PLAYERS. They are going to let this go. They gave me lowly partial fills and threw the bulk of my order on the bid for support. Had any one else followed behind me hitting the ask I would had to have chased to get my complete fill, lol.

Its only a matter of time here. Peeps have seen this move on volume and they are keeping a close eye on it. Many are still invested (with free trading shares no doubt). If the CEO can give a reason to bid up this stock all the better. Either way this stock is WAY oversold.

The 10K is due in 30days or so. The OS reported for Q3 on Nov 16th was 231M. That was over 90 days ago. I'll wager the OS in now topped out at the 300M limit and these sellers are close to e x h a u s t e d. If peeps are ready to play, I think this is ready move substantially. I'm putting $$$ on it. Once there is no size to be had from the sellers it will be game on here!

Buy the quiet, Sell the noise

CSKH - a bottom bounce play still in the making...




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