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Sooah

06/05/13 4:22 PM

#21929 RE: tripleplay6170 #21922

When the session is about to close with offers stacked like the way it was, it does not make sense to hit the offer today but better to protect the bid side a few ticks below where the offer is but above where the open was. That happens to be 0,0019for the day. The sellers make a small margin if they hit me (we know where they bought) and if 0,0019 is not good enough, NITE (who is the seller) will build the bid above me to get people to hit him on the offer. You should have seen that on L2. As soon as the bid went in for 0,0019 (me) a NITE player came in with 0,002. Whether they hit me or build the bid, this closes the session nicely GREEN.

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Sooah

06/05/13 6:59 PM

#21955 RE: tripleplay6170 #21922

TP6170, other reasons for not taking down the walls today:

1)if we left it there, they will cheer loud tomorrow vs. if we hit it tonight, they will come and bash tomorrow (LOL);

2)VFIN was strategically placed today at 0,0024 so these peeps had every plan to make sure MINE stalled right before 200MDA. Look at DT 0,0024, ok? You do this when you plan to sell and reload. They showed their cards by stacking the offer ridiculously heavy.

There is a reason for this though--if you look at the offer side of L2, VERT is at 0,0027, VDNM/VFIN/CANT are at 0,0031. VFIN/NITE knew they had to keep it below 0,0027 and also below 0,0025. 0,0025 would push the stock higher and possibly move VERT back. 0,0031 is one tick below the last resistance of 0,0032. If 0,0032 came down, all hell breaks loose and MINE will do like Gump.

All these #s are not coincidences, and that is why it is important to check L2 line-up PM and at the open. Check out the players and see how they are positioned. We know MINE has the goods and we also know the massive potential of these 4 shots--that is the fundamental D/D side of MINE. It is also important to watch technicals and understand what is going on and why.

I hope this helps.