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Re: Moonesar post# 6090

Friday, 03/23/2012 10:20:03 AM

Friday, March 23, 2012 10:20:03 AM

Post# of 56455
Having strong bid support also encourages other buyers to jump in and hit the ask. It is not people buying at the bid that is the problem... it is the people selling the bid. Bid support is just as if not more important than hitting the ask, because a lot of people don't want to get into a stock that does not have bid support.

Stock will go up, all the hits at the bid means it is not ready yet... also... volume has not been that big... no worries here... these periods can be boring/frustrating... but this is trading fine, better than running to .005 and being back down to .002 in 2 days!