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Re: DFW post# 25151

Monday, 07/09/2012 4:01:32 PM

Monday, July 09, 2012 4:01:32 PM

Post# of 38056
Kinda of wondering how much of this has been falsely held up by people like Steve, myself, and others having buys for what we thought would be cheapies. Would like to know how many of those are out there. I personally quit placing low bids on cheapies. Need to know where the real floor based on true confidence. Feeling is it is creeping lower lately because many like myself have pulled some bids. Missed deadlines and no news have led to some of this. I think your .005 prediction gave many confidence to set in that area and a little above. Walk down will continue until people buy on the ask. I have recently. Basically confidence to buy and add more is dwindling.

On the bright side haven't seen longs rushing to the gates to sell. Something better happen soon or we might see some real cheapies. MMs will take it down. Find it funny how "confident" everyone is this is going to by .25+, but no one willing to buy. Reality is everyone is in sit and wait mode. Willingness to buy prices are going down.

I have some thoughts, but this is all I would like to share in public. Like to keep my cards close to my vest on some stuff.

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