Creative Edge Nutrition Inc (FITX)

[eelfland]

I don't watch Level II, but I'm wondering if the same MM who had the axe last Friday had it yesterday and today. It became real obvious last Friday that somebody was selling a lot of shares at a certain price--as many as could be sold. That happened again today at .0895. If it was the same MM doing the dirty work--selling for the insiders--you can expect to see more of it, just at a lower price, probably around 10% lower than today's close. This is typical market action when insiders are cashing out.

At this point the only way FITX can rally is if the insiders decide to take their foot off its throat for a while so they can sell a little higher, maybe. But don't look forward to such a possibility. Their game is about played out, and it's just a matter of discipline for them to take their profits as gracefully as possible, in order for them not to dump this stock directly back to subpenny where it belongs, and from whence it so recently came.

All that remains to be seen here is how well the insiders go about extracting the most money out of this that they can. They tipped their hand last Friday by letting us know who had the axe. Smart tape-watchers will soon be able to see at what price they're willing to fill all buy orders tomorrow by watching the offers by whatever MM has the axe.

If it rallies at all, it will be a surprise, and a golden opportunity to do what the big guys are doing--taking their money out of FITX. It's about played out.

For those who didn't see it earlier, here's a reprise of my previous post:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=97841904

Watch and learn, and by all means, get your money out of this scam. This is what I've been saying since I started posting here, and I haven't been wrong. Anybody's welcome to check.