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When the spread is held open there is going to be movement one way or the other, usually in the direction of least resistence. They basically dont want to sell their shares, knowing its going up
quote:Originally posted by glassman: now the bid/ask spread is .0130/.0137-- what are they trying to tell us?
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Here we go again. 0.0135/0.0139. Very very interesting. I think I'll learn a lot here. I'm taking notes for future reference. I like what I see.
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Volume is spiking. This is excellent. We could even think about maybe having a chance for 2 cents. But I woulnd't want to jinx it !
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Looking good. No real pullback. It actually seems stalled. So 0.0167-0.0170 is the next resistance level ? How many MM in that range ?
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The pullback is coming- just got breakeven from my entry, and will re-enter after the retrace- Limit .0145 and it will give you the best avail price
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quote:Originally posted by glassman: right on cabbage-- this is bail out for people who thought they were going to have to lose some money let them out and it will move up again.
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I don't think the rally is over. It has not really pulledback and is just in waiting mode. Nobody seems to want to sell today. This is amazing. I had buy orders at 1 cents and at 0.0090, but I don't think I'll get them filled anytime soon.
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A third of today's volume appeared in the last 15 minutes. Amazing and I think the party is not over. I'm expecting to see a 0.017 digit today. Maybe even 0.018. A finish in this area will be excellent for next week.
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they werent getting the shares they wanted at the low prices-- whoever they are they wanted/needed more-- now they will get a few more.
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This run is much healthier than the previous one. More support and the profit taking. Something is going on. Definitely. I'm holding until next week.
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