Replies to post #1208 on American Scientific Resources (ASFX)

[Masked Superstar]

Are you listening?? Every trade has a buyer and a seller. If a trade goes off at the ask, someone is selling and buying, if a trade goes off at the bid, someone is selling and buying. You bought your shares today at 007 at the bid, someone SOLD them to you! What matters is where the trade takes place at, when the trade takes place at the bid, price goes down, takes out bid support. When the trade takes place at the ask, price goes up...




Accurate Online Information
http://www.nevew.com

[tothe]

ASFX charts & TA..It looks like the MMs are distributing the shares to the investing public that they have been sandbagging for awhile. Remember, the MMs cannot trade to make the PPS go north only the demand of retail & institutions can do that. AUTO was on the bid today so they were only doing their 3rd. party job to make the mirror trades to remain "hidden" to show up on the tapes as sells resulting in a flat money flow. Also remember O/S and real float will not change in this process, however, once its all over, the active float should shrink to the real float size so that when money continues comes in the PPS should react and move north accordingly, IMO. Meanwhile all the public has to do is accumulate here at the floor presented here...you are now at the North Pole, everywhere the compass points is North from here on out, IMO.
PennyTA has a float calculation tool, only the board moderator can request posting this information here because of misinterpretation by people lacking knowledge of how this market ( the auction) works. PennyTA is an experienced chartist with years in the game and even a respected probationary ex-con from IHUB Jail. Please regard my TA as you would of any bongo-monkey pumper. If you see anything wrong with my presentations, don't be afraid to contest it, please.

Use 2 months & daily; lower indicators to volume+, OBV & money flow.
Use 10 days & 1 minute to see the real action and real money.
http://eresearch.fidelity.com/eresearch/goto/evaluate/chart/chartAdvanced.jhtml?destination=%2Feresearch%2Fgoto%2Fevaluate%2Fchart%2FchartAdvanced.jhtml&symbols=asfx

The three trading sectors of the market chart:
Here you can see strong retail confidence in the stock with Accum/Dist.
The distribution of shares drags down the OBV.
ChiOsc here moves up = positive distribution. Whenever you see it go down consistently on your other penny stock it means you are in a real, bad mojo, true dilution situation.


The three trading sectors reviewed..
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=28827084

I see AUTO was active on the bid again today.
http://partners.microcaptrade.com/export/level2.jsp?symbol=asfx

They were #3 in activity last month, most likely in the distribution, IMO.

Total Share Volume  9,506,865    
  
 -------------------------------------------------------------------------------- 
   
 NITE  
 Knight Equity Markets, L.P. 4,960,126   1   52        3,027,739   1   67        9,601,313   1   55    
 UBSS  
 UBS Securities LLC 2,267,069   2   23        224,181   5   4        2,625,230   2   15    
 AUTO  
 Automated Trading Desk 1,671,570   3   17        361,710   2   8        2,335,507   3   13    
 ETRD  
 E*Trade Capital Markets LLC 593,100   4   6        356,954   3   7        1,060,202   4   6    
 DOMS  
 Domestic Securities, Inc. 10,000   5   <1        15,000   8   <1        31,435   11   <1    
 HDSN  
 Hudson Securities, Inc. 5,000   6   <1        8,000   9   <1        33,000   10   <1    
  
 --------------------------------------------------------------------------------

Here you can walk back the other months.
http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&Issue=ASFX&SortBy=volume&Month=5-1-2008&IMAGE1.x=17&IMAGE1.y=6


" These babies are huge, sir..enormous. Oh, God, you wouldn't believe it! I am telling you there are other spacecraft out there..lined up on the far side of the crater edge..they're on the moon watching us." S band 2106-2287 MHz, Apollo 11, N. Armstrong