Its kind of simple actually. Appears that none of the bulls/ longs are willing to buy the ask. As i have said the last 2 weeks, seems that for all the bulls we have here, many are buying on the bid. Which i dont blame anyone for picking some up on the bid, to each his own, but as i have said, bid support without any presuure on the ask does only one thing, brings the market to the bid and eventually a pps drop. There is so much talk on this board about where this stock is going( .01-.05) potentially in time, yet many arent willing to pay 1 or 2 more ticks which will mean absolutely nothing if TYTn hits .02 or higher. Until this changes, we will continue to trade this way. I for one am an ask slapper when i believe in a comany and stock and will be doing just that when i get some powder freed up next week. I will not be worried about 1 or 2 ticks in price when my plan is to sell above .02+. I would challenge all longs/ bulls to do the same thing and be amazed at what it can do for the pps.
This is just my $2 worth and i understand everyone has there own trading philoshy. JMHO
GLTA
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