Saturday, August 18, 2012 7:39:25 AM
that's followed by the arrival, on the bid side, of multiple 6 digit bids. They may collect a few shares but again, it's very quiet.
Then comes the afternoon and people start chipping away at the bid and it's goes back up.
Are the bidders averaging down, providing support or teeing up for the first run over a penny? We won't know but I'm guessing that it's more like the first 2 since I can't find any evidence (pumps) of new buyers being brought in.
I'd like to throw out this possibility - the supporters of Helpful Tech might have an interest in gaining a position? They would be mighty grateful to anyone who would like to dump their shares in the sub-penny region.
I know I've been sitting on the bid every day this week and it's been downright impossible to get shares. Both UBSS and NITE keep moving around me so I have my suspicions...just a thought. GL2U
PS: I'm hearing on the streets that the Parrot will stay away from the keyboard if ya let 'em have a sip of the Pusser's!
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