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Re: m_m007 post# 55054

Monday, 07/22/2013 1:01:46 PM

Monday, July 22, 2013 1:01:46 PM

Post# of 148335
i dont post a lot.. no point.. but just making a point.
You want him to hit the ask to move it.. well.
He just soaked up 1 mil shares at 6.. with out his support this coudl be even lower.. I agree that hitting the ask is what moves it up..but no one is going to hit the ask if they think its going to drop.. so a big bid gives people some assurance that it wont drop out on them.. so then they hit the ask..
So again.. Bid support is not bad.. and if you want Bid support.. then you need some one there BID sitting right ?? just makes sense..
anyway.. to each his own... im here along with the rest waiting and adding when i see fit to..
take care.