Yesterday the "bid" was capped all day!!! at 56, then 58 at EOD. What does that tell you?
It tells Me, M&M didn't want the PPs to go lower!
M&Ms cap the "ask", when they don't want the price to go up. And they cap the "bid" when they don't want the price to go down. No caps today at all. This is good.
I'm watching the technical aspects of the stock movement and to blow my own horn, more often correct then wrong, enough to stop working for a living and start trading for a living, years ago.
I have not met one long & strong in pennyland, which has had a successful year. If you are the first, keep doing what you do!
Just tried of bashing a logical, successful business plan, by trading in and out of volitile penny stocks!
I haven't blamed the long & strong bag holders for my not being able to get, but 1 small 15% gain, here in weeks. Why blame traders like me, for any retrace in a days, price?
The TA has turned positive & the M&Ms have stopped manipulating, in the past 3 days. That's why I re entered today, and will move out the minute my gain target is reached.
I have NOT bashed to lower the price. I want profits! LOL Flippers don't bash! Emotional inexperienced traders bash!
The little guys, that feel they missed something. And their emotions cause them to try to cause doubt to get in on something they missed. Swing traders know bashing at a message board does nothing to the PPs. And pumpers also do little. What does do something to the stock price is NEWS & market makers.
You have to learn more about the market your in. IMO
They are NOT flippers, they are just greedy, emotional inexperienced pennyland fools! That worry about .0005 in price.
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