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Attention........ anyone new at this penny land
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[QUOTE]Originally posted by one2watchny: [QB] DD is Due Diligence IE research of the stock and L2 are the prices the MM's(market makers,firms that buy and sell) the Bid(price price you can most of the time sell the stock for) and ask (buy) If you pay for a service(Alphatrade.com)I use;you can usually see if the stock is getting ready for a move;If the MM's on the Bid side are stacking up on that side it usually should go up and vice versa All this depends on volume(ANOTHER INDICATOR) When a stock goes down on light volume'it is usually a good sign(bullish) However when dealing with these penny's The MM's can do what they want' they are not regulated by the SEC like Nasdaq and higher priced stocks Thats why you hear MM manipulation often on this forum. Hope some of this helps. FOR ALL THOSE WHO ARE NOT MEMBERS AND JUST BROWSE, IT WOULD BE TO YOU BENEFIT TO SIGN UP! I'm sure the posters here only make up about 10% who are actually browsing. It's free and you won't get junk mail or anything else if you don't want. [/QB][/QUOTE]
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