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babuji

05/23/11 11:04 AM

#14507 RE: livinginstyle #14504

L2...total of about 760,000 shares bidding above 0.047 right now...no one selling...strong formation.
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common_cents

05/23/11 11:06 AM

#14508 RE: livinginstyle #14504

Livinginstyle- suggest u take a course in how to buy and sell a stock. Investors try to buy at the LOWEST price they can which is why they sit at bid hoping people will hit those bids and sell at the lowest offer to maximize gains.

Huge bid support is usually a sign that big investors are looking to enter a stock. Hope that helps u. it does NOT suggest that the stock is "being dragged lower".

take care.
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banker j

05/23/11 11:27 AM

#14523 RE: livinginstyle #14504

The huge bids are stopping it from going lower from the shorties.