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Accumulation is still going through, lots and lots still at .0004, there is nothing to worry about whatsoever IMO, .0005 showed it's face today, and I'm positive we can see at least that into the close...we shall see.
Posts: 839 | From: Muncie, IN 47304 | Registered: Nov 2003
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quote:Originally posted by Marcidius: Wow, see that...lol!
So many small buys at .0004, maybe some sells, then BAM!! 79 million buy at .0005, some more small sells at .0004 and then right back up to .0005.
It's funny but human instinct wants stocks to go straight up but in reality stocks go up/down and up/down but as long as the strength is in the up direction you will see gains...the small sells are those who recently got in at .0003 and are taking the small profits. Resistence is hard to break and support is hard to make but that's what is going on. Keep the faith.
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And as QBID recovers people weak hands will bail from PCBM and jump on that train again. That will only benefit us as long as interest returns here. Time will tell. It always does.
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I'm out guys, I don't think it will go much further down (it really can't) and I do think it will bounce up (probably today since I'm ouy) but my money will serve me better elsewhere.