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News Focus
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flptrnkng

06/07/12 7:11 PM

#186375 RE: Rawnoc #186374

most trades went off at the ask and not the bid

The opposite is true; most trades went at the bid, not the ask.
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ponzi_implosion

06/07/12 7:13 PM

#186376 RE: Rawnoc #186374

"...In short, most trades went off at the ask and not the bid..."

That is blatantly not true. Each and every block over 10,000 shares was at the bid.

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jimmenknee

06/07/12 11:25 PM

#186398 RE: Rawnoc #186374

Again it is nonsensical and defies both time and sales data and technical analysis.

What one is trying to be made to believe is that, instead of supporting the bid-- which would be extremely easy for "whales" to do -- these savvy whales slap the ask; but it is even more nonsensically sophisticated, because they'll only slap a lowered ask?

Emotionally "attuned" adjectives, nouns and verbs with no basis in technical fact only appeal to hope about what's happening...

... at the end of the day-- the "whales" have failed to support the stock and have not absorbed the increased supply without having the price succumb to the selling-- and not buying -- pressure.
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Eliot Ness

06/08/12 4:41 AM

#186404 RE: Rawnoc #186374

Buyers above $1.50 were hit with atomic bombs repeatedly since they bought into this share printing press.