Pharmagen Inc (PHRX)

[Love the Market]

Please HELP with L2 question...

How do you figure what a stock is going to do by watching L2, especially when it is as volatile as this?? Right now we have 6 MMs on Bid @ $1.47 and 7 on Ask @ $1.48- But in a split second it could be 1.48 x 1.49 or 1.45 x 1.46.......

Anyone who sold at 1.35-1.38 yesterday and got back in at 1.24-1.26 was either VERY GOOD or VERY LUCKY or BOTH!

If I had tried to play it - and had sold at $1.35, I would've been looking for $1.15 re-entry and would still be on the sidelines - or worst yet, I may have chased it back up!

I've watched this video a few times - but I honestly don't get any help from it:

http://www.stockhaven.com/trading-university/trading-university-videos/

If any of you have something you'd share I'd REALLY appreciate it! Thanks so much for your time.

See- in the 2 minutes it took me to write this - we're at 1.49 x 1.50.

I'm "afraid" to try and flip it now to get some free shares...... I have a buy order in if we get down below $1.00 again....