My two cents on your thoughts... in red.
ok Shareholders , open up your ears.Read what ai'm about to say
closely, rather then just read.
First in post # 1658 this statement was made.=
"This is strictly manipulation. No major holder has sold any shares, so this high volume is high frequency traders manipulating the stock, creating all the volume and panic"
This is my words that I would have wrote=
Ths is strictly being manipulated., by GREED. No majorholder has sold any shares , but all the major holders wants to,sell, but they want to sell on the ask price not the bid price . Not necessarily – great example is Google. They sold their shares under market and way below what the asking was at the time. However, looking at the current price, they may have been on the money selling then, rather than now.
High frequency traders are for the big players only.High frequency are taking advanyage of shorting on the HF platform , because the
#! greedy biders being over greedy so the HF big boys are short selling Those HF traders that you might be referring to are Market Makers – since at these prices are the only ones that can legally short this stock. On the option side, there haven’t been an overbuying on the Put side so this tells me that Market Makers are trying to cover their short sells by bringing the price down. Whoever buys this should be buying at the bid not the ask as you suggest. Buying at the Ask only gives the shorts more fuel to bring it down because of the gap between the ask and bid. But if the inventory on the bid is taken up, the price will rise due to more demand on the stock.
#2 The day traders , swing traders ,and scalper's are cutting their own throats for a .05 share profit trades , which is helping them But, killing the PPS of going up! Hell they doing this 2-5 day , every DAY ! I hope you realize that at .05 per million is a profit of $50,000.00; and in my opinion, anyone making $50,000.00 per million a day is indeed making some big money. Some people in fact most don’t make $50,000.00 a YEAR! Let alone $50,000.00 a day…. Thus these guys are big money players, just like those that play SIRI, huge volume everyday yet the pricing does not go up. Pure manipulation and it is being done here.
Only one Solution =Like I been tellig the board 2-3 days now.The big boys needs sell they want sells , but they want up tick buy order so they can sell and make money !You wil make also as the price goes up to 2.00 + Again, if it is being manipulated by short selling Market Makers, they don’t sell or buy like retail buyers and sellers, they are the market. They don’t pay a commission fee for each transaction, they are the transactions. They care less whether the price goes up or down since they make a profit between the bid and ask and the price they got their shares at. If you had control of a market and could dictate what price you wanted, would you sell for a loss each time? Heck no. And that is how they think.
So when you see the Buy volume Sell volume
60 % 40%
65 35
70 30
Then and ONLY then will this hit 2.00+ So hit the ask buy button on every up tick , and buy buy buy even while it' going up . Negative. Hit the BID not the Ask to shake out the short sellers. The more their short sell inventory is taken up, the higher the BID will rise since the bottom will be taken up. If you buy at the Ask, you are inviting shorts to take it down to the BID; which then forces the ASK to meet that price and thus it goes lower.
You be helping yourself by takeing the PPS up for you and the big boys to get what we ALL want = profits 2.00+ If you don't beleive me , that fine , but just watch the buy and sell volume, what it does to the PPS about going up ! You seem informative but also trying to guide longs in a deceptive route, my question to you is, do you work for a market maker? It seems like you seem to have a track on the pricing but are trying to help fuel the shorts at the same time. I just see it a bit different and really, at this time, if this goes to 1.60 or higher, I’d be happy. But in MHO, I think we will start to see the PPS rise next week just a tad but not much. Most options expire on the third Friday of each month and shorts will also see that the Put side makes money until they get out taking max profit.
good luck IMHO and DD clwr
I thought I would throw my 2 cents in as to how the world works as I see it… and Yes, good luck to you.
