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Saturday, July 14, 2012 7:54:55 AM
I've been up all night downloading to my new hard drive (crashed last week) and I just got Java in so I could look at the trades chart. Somebody made a really good buy 7 minutes before close when they bought over 1.8 million shares at .0066 and that wasn't at the bid. It was halfway between since the B/A was .0062/.007 at the time. As you know, that counts as neither a buy or a sell, goes in the "neutral" column, marked with a ?.
Whoever sold those 1.8mm is going to be sick, unless they're flipping that many shares and hoping to get them back a point cheaper. Then he may be sick anyway, it could bounce from here.
Anyone buying now is a smart trader IMO, the sellers must like to lose, selling at the bottom like this. LOL Weaks hands folding to the strong. It won't be long and we'll be back up past a penny, then rising past .02 on the drilling news. That's what I think.
It's your sitting (patience) that makes you money.
Dee
"It's not your thinking that makes you money, it's your sitting." - Jesse Livermore
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