Replies to post #28385 on Halitron Inc (HAON)

[FIREFLIER]

People always talk about how many shares are up on the bid or ask. Tons of shares were bought today in the fours. But as we go up it's less and less to move up... Traders say its thin... What determines this? And are you able to predict price action as long as the volume holds? Basically it's supply and demand, right? I guess I am interested if anyone understands price action and can speak to that...

[bucks2pennies]

That is true. But I can't get out my mind how many shareholders of HAON stock that still have doubts about HAON's future. I am afraid we will still see big blocks of shares being sold off for what ever they can get to put the money in their pockets ... such that the pressure will increase on the down side.

HAON can not buy, if that is what they are currently doing, all the shares being offered to lower and lower bids when the sell is in.

Today, HAON's PPS had tremendous help from newbies or those wanting to buy even more shares than they currently had, probably because of the PR.

Will that occur tomorrow? If so, up she goes. If not, the bid base will drop.