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Re: None

Friday, 05/04/2012 10:19:04 AM

Friday, May 04, 2012 10:19:04 AM

Post# of 85846
My analysis of the L2 Shows that No one is selling. The bids are all from people wanting to get in on the cheap at 0.0011. Gosh people are such cheapies !!! How do I know this ? Well The bid volume 700,000 @ 0.0011 is much higher than the bid volume of 0.0015 @ 5000 .Logic tells you that if there were sellers the volume would be much higher than 5000 @ 0.0015 because as a seller you want to sell at the bid price closest to the last price.

The lack of sellers indicates everyone is waiting for news in the hopes of cashing in. All indications show that most people believe the merger announcement to be made within the next 7 days or not much later than that. Unfortunately only management has the secret date for the merger news release. I hope its pretty soon. Some voice in my head tells me that something is possible today. The L2data is signalling that somethings up. Any thoughts anyone ?
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y