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Re: BBalls-N-CowTown post# 129694

Friday, 11/30/2012 6:27:04 PM

Friday, November 30, 2012 6:27:04 PM

Post# of 232508
Hi BBalls. I don't know about a bid-ask structure in the Greys, as I have never traded in the Greys. I'm still holding my original position. I was presumtious in stating that someone may be buying on the bid, but normally that is what causes price increase.. Nonetheless, whatever forces of price fluctuation functioning here has caused above average intraday highs during the high volume days.
As you see by the recent charts we are in a price area where probability suggests a "low risk" entry zone is in the works. The caveat is that KMAG is still a high risk entity until hard data becomes public.