NITE back @$1.11,may-be-unrealistic,but:Bids/Asks=dropping:Some say:Happy-to-overpay-last-night and this a.m., but while they wasted the time of traders who want lower in and may have helped a few sellers dump their shares,
foolishness and desperation to recoup their earlier big losses by willing the PPS up faster, can't hold back the dam 4long --
more such may throw themselves on the pyre again and overpay hoping to stem the tide, may for a while and annoy the rest, even the MM's LOL, who like things to be orderly --
THEN this may've reached its lows last night, done with, instead of struggling here all morning again --
we're seeing tiny high-ish bids, to help sellers dump not the other way around from what I'm seeing:
ETRF feeding its own Ask with Bid, very interesting:
it's like some car buyers achieving success negotiating and some noob comes in and yells "I'll pay the full List and then some, it's SUCH A COOL CAR!" WELL, they'll get "the looks" but will everyone else follow?
MAYBE so LOL, this stock has many naive traders e.g. who held into the R/S:
Most of those overpaying seem desperate to hold up the PPS on what they already own -- that's understandable, but I'd hate to see more naive traders jump in after them without being careful --
They'll likely end up doing OK EVENTUALLY, if they don't mind riding the elevator down to the garage first:
I'm just telling' it as I see it, can't be emotional or too impatient, if U want to make $$.
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