Replies to post #150719 on $tacks Upon $tacks Of Moolah (STAX)

[Capt_Nemo]

""But he can't expect any stock to absorb a 1 millions share sell order entered as a market ticket without spooking the mm's or significantly hurting the market.""


I agree 100% stockmann!!!!! Stupid idiot haaaaaaaaaaa JK to all, that does spook things for sure, and what a nice chunk of change to the dingdong!!! hahah

[diatribe10]

The trading on LMMG (time and sales) does show an initial market order and a walk down by MM's. Married with an overall weak market--- the stock tanked. But, sad to say, it did not come from intelligent selling--but PANIC selling was clear.

I was watching LMMG--totally shocked by the quick decline--and when it went to .04--the 25% declinein the bid came QUICK!

Like someone was almost chasing the bid down to get out.

THAT! My friends is PANIC selling! LMMG went up ro% from the lows after that sell.

I scrambled like a boy in puberty looking at a short skirt and chased the d amn bid up from .048 to .057 before I could get some more. Mark my words....with a little calm on Monday, LMMG will be at .---- or better.

Now I have done it! A forecast. Sorry. Just what I think. Nemo would be ticked with the number --so I took it out. But would nto be surprised to see LMMG where it started last week. Now you know--check the chart. With news from the company--higher.

Nemo--Look! I edited myself! LOL

Cheers for my diatribe.

[littlejohn]

Capital preservation is everyone's own resposibility in choosing how they react to given market moves...Do you think that someone on a late Friday afternoon with the dow dropping fast stopped and said, hmmm...I'll tank this one before going home...Kinda doughtful...CYA...but just imo...LJ