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DJ Ponder

05/26/15 6:07 PM

#108036 RE: gold team #108035

From the dollar value involved, I'd say expect more selling. LESS THAN 4k isn't gonna cut it.
PEAK summer travel season is right around the corner. loloololo

Matthew Berg

05/27/15 10:18 AM

#108038 RE: gold team #108035

Who's buying MRIB? I would say that depends on the PPS. Looking at the trading, almost all the volume is at daily lows. Those are the $.0004s and I'd say those buying are either flippers who think they're getting a bargain looking for a quick turnaround or folks averaging down although I doubt there's many of those left. Probably just the pure gamblers just looking for a bump. And the buyers at the higher PPS levels? My bet is the same person dumping at the lows. Matched trades at a premium to keep the gamblers in the game buyin their cheapies. A cashless transaction moving shares from one pocket to the other in the same pair of pants acting as both price support and a tease to the gamblers that profits are to be made on those cheapies. And they're doing it in higher volumes so as not to appear as a blatant paint but only at a small percentage of what's being dumped. Very effective. But, it's like the movie The Sting. When the gamblers try and cash in those cheapies they get the "shut out" and no volume or market for their shares. So, IMO, the only shares actually being bought are those at $.0004 and below now. The higher priced shares are just a controlled dog and pony setup.