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Re: Rawnoc post# 4083

Wednesday, 02/08/2006 2:13:31 PM

Wednesday, February 08, 2006 2:13:31 PM

Post# of 47225
Raw...

i think share structure matters a lot, and it's not just about perception. i'm of the opinion that moving this stock from .005 to .018 on low volume was not because of a low float, but rather because it had already traded a sufficient amount of shares as to have completely washed the range from .005 to .014. i'd venture to say that the reason the float seems and feels low is because this stock is very tightly held, you can't buy it in big quantities. and for that reason alone, it will need a boatload of shares to break out further. MM's no longer indulge in massive naked shorting. TRDY needs more buying pressure at the top, and it needs sellers to create available shares.

has anybody bought today at the bid? i could be wrong, but i doubt it. otoh, i'll bet it wasn't hard to sell at the ask. that's opposite to how it played over the last months where you were representing the bid and getting filled there.

of course, this is all speculation, but hey! a conversation about trading. wow!! who'd a thunk it.

btw... kudos to ya for your excellent DD and good play. it wasn't easy to watch you accumulate knowing i feel the same way as you about this stock. care to buy or rent my name?

best to ya,

rich

as always, everyone reading my posts should feel free to disagree.


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