On big board stocks, closing prices tend to matter more than intraday prices. I am a closing guy - so lets see is it closes below the .005 support. The massive volume and downward price action is an omen, however.
Can someone please explain to me what you think the MMs are doing? Are they selling millions of shares to each other to bring down the share price? Once the share price is down, what is their next move? Do they load up on Millions of shares and ride up to the top once the LTF is announced? Then sell out at a comfortable profit.. Wouldn't that bring this back down? I am almost losing faith here. I will not sell a share at a loss.. I will ride this thing down in the ground... Any responses?