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Master Bread Maker

05/12/10 10:51 AM

#31900 RE: N.A.T. #31897

Buying on the ask creates pressure. Trust me if everyone would bidwack this chart would look much different
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mytigger

05/12/10 2:52 PM

#31945 RE: N.A.T. #31897

It's a great question and you're 100% correct. I've argued the same point to others. Long term it is better to accumulate the shares, but consistently helping to drive the pps down isn't a good thing either. I'm not saying you have to buy at the Ask, but you at least have to SUPPORT THE ASK. It's time for E to make a move, turn a few heads and help bring in the volume necessary to take the next leg up... it's time... we've been here 2 mos and every attempt at moving has been shorted down... and buyers get excited at the opportunity to "buy cheapies"...we need to push through the shorting.... the gaps are filled... but without bid support and ask slapping people are hesitant to join in the game out of fear that the bottom has not been established. It has. We need to move.... All JMVHO.