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Dustoff....I'm not in this one anymore (will return when they are off the list) but a quick glance at L2 shows 6 MMs at .031 bid and 9 MMs at .03. The ask is thinly stacked. Looks like bid pressure is building.
-------------------- Raptor----Don't confuse bad luck with bad judgement Posts: 1813 | From: Ft. Worth Texas | Registered: Aug 2004
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Thanks, Raptor, it's just that sometimes the colors on the L2's can throw me off a bit.
Posts: 10729 | From: oregon | Registered: Feb 2005
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Dustoff, I don't see much of anything encouraging. Support can always fail. However, I think personally that this one is worth being stubborn on and waiting it out.
I put a sell at .034 hoping to move on today, but it looks like I'll just have to wait for the real pop to occur (if ever).
Why do stocks go down when on the sho list? I'd expect the opposite. Why is it only after they are off that they move?
-------------------- May your trading build your character as well as your portfolio. Posts: 1763 | Registered: Jan 2005
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Thanks Thorn, I am going to put a bid in at .025 it will cost av. out nicely. I will also stay with the thing now...If it runs it will be fun.
Posts: 10729 | From: oregon | Registered: Feb 2005
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Oh Wallace, it's hot seat time.......just kidding old dude..However do you have an opinion,Im sure some may want to read it.
Posts: 10729 | From: oregon | Registered: Feb 2005
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This looks tempting to buy! Any opinions out there? Does somebody know something coming? Is earnings report April 15th doomed?
Posts: 1421 | From: USA | Registered: Dec 2004
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zoltan...I like the bollingers ,rsi, macd. The SHO,,is the unknown factor here, IMO.I am not very good at the candle's...Some good news could make the people very happy who cost averaged down...I am a bit biased,,however, because I am sorta buried in this thing!!!
Posts: 10729 | From: oregon | Registered: Feb 2005
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zoltan..who knows where bottom is..All I know for sure is that there is some mighty big blocks in there on the bid...Over a mil on vol.
Posts: 10729 | From: oregon | Registered: Feb 2005
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Daflem I think it is the[[ sho ]] list creating havoc...I am still buying, let it settle down and then we will see what we have here.
Posts: 10729 | From: oregon | Registered: Feb 2005
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Hey guys, MSEP was on the SHO for 20+ days. The price tumbled from .09 down to .03 when it finally came off the SHO. I hate the fact that the MM's can overbuy a stock. Did you all sign the shareholder's petition against naked short selling yet? If not here's where you can voice your displeasures.
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In this day and age...I don't see why it isn't possible to require every transaction to record the share numbers traded so that they can be tracked and counted electronically for countability. The only thing is, who would want to make the brokers do a thing like that? Certainly not the government employees who own the stock AND make the government decisions like that one....
-------------------- May your trading build your character as well as your portfolio. Posts: 1763 | Registered: Jan 2005
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I don't know why, but I have a feeling this thing is going to break loose...Common sense says get out, but my fisherman instincts tell me to stay...
Don't give yourselves a hernia laughing.
Posts: 10729 | From: oregon | Registered: Feb 2005
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