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jmjr77

11/21/09 2:03 AM

#160218 RE: nWo #160217

That's true...but I've seen cases where the wall of 2's is actually for the most part artificial and goes down very fast as long as the volume is maintained. But yeah, the best thing to do would be to try and get those 1's to put yourself in a no-lose situation. At the very least, it does help push the price up if there's also strong support on the bid side.
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StocksXpert

11/21/09 9:58 AM

#160224 RE: nWo #160217

Monday's 2 scenarios, pick one.

Best Case Scenario
Bid gets so thick that once people realize they cant buy at .0001 any longer they will start to hit .0002's which will create momo and eventually break the .0002's and most likely see .0003's, .0004's and who knows maybe even pop all the way to .001. Additionally, the company notices the huge volume and releases news on a weekly basis to move prices higher.

Worst Casse Scenario
Lots of buys at .0001 with very little buying at the ask. Or 1B+ shares bought at .0002's and prices still cant break them. But that is okay because whoever bought at .0001 and sold at .0002 just doubled their money and you are instantly down 50%. Additionally, the company does not release any press releases.

But if prices do actually break .0002's then this will turn into a momo and all this will be is just a momo play with no news to back it up except some message board rumor and if you dont know how to play momo stocks then you better be ready for the unexpected reversals or just stand aside and watch.




GL!



This post is directed to everyone not just the original poster.
AIMO.