Replies to post #8131 on CYduct Diagnostics Inc (CYDX)

[Lesson Learned]

I'm going to give my opinion. Buying and selling will go on always, in fact, it's needed. Yes, there can be a limited number of shares for MM to trade if longs hold a good portion of the float , the MM's can short sell, but only to a point that they know that they will be able to recover. What kept this SNDY @.0011 today was lack of buyers, buyers that were not willing to put up a .0012 bid and did not have confidence to start chipping away at that .0013 wall on the ASK. Look at it this way, someone dumped shares at .0011, those shares are either now in the hands of the MM's and will be traded slightly higher, in the hands of a flipper and will be sold higher or the best scenario, they are in the hands of a long and held.

I myself added today, once on the ask and once on the bid.

Just my opinion.

SNDY

[Think or Swim]

I've just learned to accept the fact that with low floaters like SNDY wild fluctuations in the pps will occur.

And if it was someone that bought at .007 or .008 then they made off with a profit which is ok.

Look at it like this. What would happen if 30 of us bought 5 mil shares apiece and decided we were going to hold till a penny and sell?

All our shares would hit the market at once and the price would crash faster then we could offload. The pps would be back where it started from, if not lower in no time!

Does the above sound familiar? It's why most news driven pumps last a day or two and then fall straight back. The base was never built.

In order for a stock to maintain a long term rise in price, a good many investors are going to have to buy, and then sell along the way. This creates a higher and higher and resistance points as the stock builds a strong base.

We're good here!