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Rock_nj

10/21/09 11:03 AM

#47201 RE: MadeBucksOnThis #47200

Somebody is tired of waiting and wants out. Simple as that. Those who hold and add at these levels will be rewarded in the long run.
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xray44b9

10/21/09 11:05 AM

#47203 RE: MadeBucksOnThis #47200

Just FYI: Support per the chart is .0075 and .005. ABLE is advertising strong bid support at .008 but, as happened with him at .009, that will cave fairly easily with a few million shares of bidwacking. Not much you can really say here, the street is losing faith in this team like air slowly leaking out of a tire. Not that it's justified necessarily, but that's what's happening IMO.
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fourkids_9pets

10/21/09 11:48 AM

#47220 RE: MadeBucksOnThis #47200

i'm thinking ~ some *swappage*
note the players on bid/ask
and the *trades*

oh yeah .. didn't we see a 2M *trade*
done yesterday at a *higher* pps .. ;-)

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The shorts manipulate the laws of supply and demand by flooding the offer side with counterfeit shares. They will do what has been called a short down ladder. It works as follows: Short A will sell a counterfeit share at $10. Short B will purchase that counterfeit share covering a previously open position. Short B will then offer a short (counterfeit) share at $9. Short A will hit that offer, or short B will come down and hit Short A's $9 bid. Short A buys the share for $9, covering his open $10 short and booking a $1 profit.

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4kids
all jmo