Replies to post #404 on Superior Oil &Gas Company (fka SIOR)

[ronshappy]

Having lost my a$$ on everything else because I was a newbie, IMO what is driving the stock price down are the buys.

There are 2 ways to buy -- on the bid or the ask..
If you buy on the BID the MM will fill it and sell you shares.. this lowers the price.
Now if you buy on the ASK, the MM will fill it or a shareholder will sell you their shares. this raises the price.

What is keeping us down is the BID whacking.. IF we want to rise the PPS we need to stop bid whacking --- but do we want to do this, or just keep loading up? Tough call!!!

On Monday I watched the bid rise and the ask lower because nobody was buying..

Please advice the board, whats the best approach..