posted
5000 shares @ .0129 is only 60 odd dollars--the volume is big and this makes it look red-- there are a lot of orders being filled between the bid/ask--the mm's get alot of the between sales. i think the MM's are accumulating.
quote:Originally posted by glassman: 5000 shares @ .0129 is only 60 odd dollars--the volume is big and this makes it look red-- there are a lot of orders being filled between the bid/ask--the mm's get alot of the between sales. i think the MM's are accumulating.
ITS ONLY AN OPINION__
Thank you for the opinion! Im very new and appreciate everything you more experienced guys can offer. I am slowly starting to see that this is an "us against them" type of scenario
posted
they make a good living if they they are smart-- we are waiting on news so the price is expected to go up-- I am basing my opinions on the rumor of news--they want shares to sell when the the news hits-- obviously they want to make a profit on top of the commission. If no rumors--they don't play the same way. Rumors could be JUST rumors remmember.
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posted
Looks like shes climbing back up. Bid/ask spread has gotten alot smaller as well. Generally speaking, if the bid/ask spread increases/decreases, what does that signify?
Sorry if the questions are plebian.
[This message has been edited by larryj (edited January 20, 2004).]
posted
no prob-- not alot farther along myself remember. It could mean alot of things but watching the same one for awhile gives you clues from history-- a lot of people are expecting news today-- not out yet
think of it like a combination of poker and blackjack--house always wins long run but lots of bluffing.
[This message has been edited by glassman (edited January 20, 2004).]
I wonder why everyone is sitting on this - there is no news scheduled to come out. The stock usually yo-yos around all day long. I know I am holding because I bought @ .0165, but is that why everyone else is sitting, or do they know something I don't?
posted
Did not drop nearly as much so far today--most weak hands out?-- day traders run price up during day then it drops off as they close out at end of day.
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posted
I'm just sitting on it waiting for it to go higher than my entrance price of yesterday...lol maybe AFTER I sell that off I can play it tomorrow.
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posted
Anyone see where the resistance is for the first upswing today? I'd like to get out close to that and then get back in once it dips.
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posted
i was looking to get at under .012 as well. theres only 3 MMs with a bid over .012, things are usually pretty spaced out on both sides with this one
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posted
If you SELL a stock first, and then buy back during the day, does that count as 1/3 daytrades you are allowed during a week if you don't have $25,000
or does it only count against you if you BUY and the SELL the stock the same day instead of SELL and then BUY?
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