Wednesday, March 05, 2014 12:11:16 AM
Personally, I think he is playing the spread. Don't forget he is also selling shares. He keeps buying shares in the 14s and 15s while people are still buying shares in the 16s and 17s. Those are some easy 10-20% gains.
I do believe that big news could be coming for AMMX, but I am waiting patiently. AMMX investor relations is very transparent. If you have questions, just ask.
Speculation of MM trading patterns is good for intraday trading, but so many people create stories to explain the patterns (I don't mean to insult anyone).
Personally, I am waiting for the .011-.0135 range before placing large orders again because I have been watching how this stock trades for a long time. I may not get filled, but that's okay. I'm happy with my position size until a new buying opportunity presents itself.
Trying to stay unbiased, so iHub can be a source for quality information that helps others invest wisely, instead of a place for people to try to manipulate stock prices.
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