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Re: coolnapz post# 35001

Thursday, 06/28/2012 11:20:43 AM

Thursday, June 28, 2012 11:20:43 AM

Post# of 116865
Coolnapz,

You stated..Theoretically you are correct. If weak hands stop selling then the game is over. However, the reality is that the bears are doing a lot of the selling. Take a look at those 1,000 share bidwhack jobs that keep appearing. So somebody really sold 1,000 shares of TECO at .0239? Yeah right, that's a bid whack.

... actually, that was 1000 shares of a 75K buy order I placed. The remaining 74K executed shortly afterwards.

I have been buying the past few days to the tune of about 500K shares to help support and also steal cheap shares from the timid ones (idiots) selling them.

Shares are a gift at these levels and I will continue to buy as the opportunity avails itself.

You are right that we need big buyers to come in if we are to support the share price, but before that happens, TECO needs to deliver big news to entice them.
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