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S&P 500
5,464.62
(
-0.16%
)
US TECH 100
19,220.00
(
-0.20%
)
Dow Jones
39,150.33
(
0.04%
)
Brent Oil
84.39
(
0.00%
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Bitcoin
64,343.64
(
0.15%
)
Post# of 68397
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Re: stockorpoker post# 63023

Thursday, 01/16/2014 3:02:00 PM

Thursday, January 16, 2014 3:02:00 PM

Post# of 68397
It goes down because people bidwhack. It goes up when people slap the ask. Without dilution, the share price is up to us as traders.

Judging from the volume, said bidwhacking is occurring because either someone is trying to panic investors, or an investor did panic (or needed to liquidate for some other reason).

There were many opportunities to sell at .005+, so it's unlikely that someone all of a sudden felt the need to sell at .0038. But never know.

DISCLAIMER: I lie, cheat, and steal. Everything I post is false and known to be false by me. You are to ignore everything I write. Do not, under any circumstance, materially rely on my statements. I post information for the purpose of tricking you.

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