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Planopenny

05/05/11 12:21 AM

#22035 RE: sabbath #22034

Do what I do. Dont check in here so often. haha No news is making this easily manupulated. It'll be fine in due time
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stushy

05/05/11 12:25 AM

#22036 RE: sabbath #22034

No accumulation is climbing and MM's bring this down on low volume.
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tiso_us

05/05/11 3:11 AM

#22041 RE: sabbath #22034

To give everyone an idea of what happened at the close...Nite and Auto was trying their best to keep this down in the last few minutes of trading....

We had it to .54 and the last 10 seconds Nite jump the ask down to .481 and Auto jumps on the Bid with .4501....

In the last hour of trading, Nite and Auto where taking turns on the Ask, when one of them got threw, he would move back down at, you guessed it, .54...

Nite-.54..Nite-.52..Auto-.54..Auto-.50..Nite-.54
Auto-.54..Auto-54..Nite-.54..Nite-.54..Auto-.54
Pert-.61
Ascm-.61

Nite and Auto was trying so hard to keep it down below the open and have been doing this since last week on little volume.

This is just a simple observation for people who had to work during the trading day.

also, NEVER put a stop loss on penny stocks, MM will love taking the stock down to get it.

And, always buy and sell at the ask, to many people are buying at the Bid...if you want cheap shares, go to another penny stock that gives you that option, or, buy at the Ask, you help the people around you out.

Perhaps its time for a short sqeeze.