I am really interested to see how high the bid support can go before investors are willing to sell if the bids are there.
It is obvious nobody is going to sell for 17 now, I just wonder how strong we can show ourselves to be.
In other words, if someone put up a bid for 1 million at 002, would someone sell to that and lower the price? Or would it sit there like the 0017's? If it sits there, I don't think it would be long before someone put a million bid at 0021 and then .0022. That would be awesome and it would really get some attention if they just sat there like the 0017's have for 3 days.
I for one, would let it sit, but of course I don't know what anybody else would do. It would be gr8 if we could demonstrate that much strength. It would also encourage people to go on and slap the ask, also. That would start driving a pps increase, too.
I would hope everyone would realize that not bid slapping could cause a run. I do believe why we don't have the bid support we used to have is due to people coming in and selling to the bid whenever the bid got some strength. Maybe lessons have been learned now and we can let the bids alone and just wait to have someone slap the ask at whatever price point one wants to exit.
Wouldn't that be awesome!
More concisely:
- Let the bid grow! Don't sell to it!
- If you want to sell some, do it in small chunks on the Ask!
- If you want more, bid sitting won't guarantee you the shares, but you could add in the dips and at the same time offer bid support.
- If you want to be sure to be ahead of the curve, slap the ask!
This is all presented as MHO. ;-)
:-D SEGI
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