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PMHH (oil &rigs) 2mth High on 3x Vol!
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[QUOTE]Originally posted by The Owl: [QB] Jordan- I know it seems that way. It's really not at all. I work as a contract computer consultant, and like to day trade usually. I select a few -(last year only 5 I think) smallcaps. My profit on stocks last year was only $21,000 - This was from average about $14,160 - I know it's not great and you guys will probably laugh at $14k, but I was working most of the year! :) I'd be far too amateurish anyway -look at the evidence. Do promoters post so much ? - of course not. I always post my sources, I always say the day I buy, and if pushed I'd probably share my position size too. Always suggest people do own research and don't invest more than they can loose also on AIM/OTCbb not more than 15% of trading capital. If you log on as a free user to [URL=http://www.ADVFN.com,]www.ADVFN.com,[/URL] and look for PMHH, you'll see my profile and probably what stocks I've bought too. I've set up PMHH specially for US investors so you can make the link with GME and get the full history - when you do, you'll see why PMHH is worth the $2 the company it was when GME raised its stake to 82%. Here's something from UK board in last 30 mins: ----- Possible Chestnuts...nope just checked L2, and there's even more! These are trades & times after 4pm (as listed on L2- descending i.e. latest is first): 16:11 10,000 23.75 O 16:03 320,000 23.92 O 16:03 37,500 23.92 O 16:02 25,000 23.00 O 16:02 257,500 24.00 O 16:53 50,000 23.00 T 16:34 257,500 24.00 X 16:20 225,000 23.96 B 13:37 9279 22.65 O They may be late trades (as in late back from the pub!) -lol. Usual dealing software (which is excellent) misses many of these - e.g 320k is nowehere to be seen and total vol is only 348k. So that's another 1,182,000 gone leaving, now let me see...9,036,822 = 1,290,975 shares per MM i.e. just 20% of the co left (max - excludes non declared less than 3% holders) Another 50k trade and we'll be under 8M!! - no wonder only 15k could be bought... The problem from MM's perspective is this has been such a dog, that there's no one left to buy from now! not even many PI's. The institutions will play hard ball so not sell, so MM's won't be able to buy stock and could get very short indeed! If we get one more institution like Merrill's jumping on board with say 5% or UBS or Noble building so we go down to 5M mark, each MM will only have 700K odd!! - only 7 x 100,000 trades! or 70 x 10,000. Now that's a real problem FOR THEM... [/QB][/QUOTE]
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