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coachk5

07/09/09 3:43 PM

#99717 RE: GreekPimp #99715

about 15 mil hit the ask at 12 and we aint moving unfortunatelly. huge volume today btw.
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jimmenknee

07/09/09 3:49 PM

#99720 RE: GreekPimp #99715

Understand GreekPimp-- but selling at the "ask" happens just as buying-- look at the numbers of shares trading in the .0011 to .0012 range. That many shares under normal circumstances will move the pps more readily in either direction.

Again, when the daily TA catches up with the volume numbers, the MFI will show the continued downtrend. The seller(s) here are ruling the averages and their weight is forcing the downtrend IMO.

It's a (common) misnomer to believe all buys are retail to retail :-(