posted
MT i was one who sold at .0006. but ur right for some reason the price has been staying steady with all the selling. Im taking that as a little sign to pick up a few million shares at 5 and lower if i can. it can't hurt
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quote:Originally posted by juice: MT i was one who sold at .0006. but ur right for some reason the price has been staying steady with all the selling. Im taking that as a little sign to pick up a few million shares at 5 and lower if i can. it can't hurt
yeah i agreed completely with your sell, i was honestly thinking the same thing, and i really thought it would hit .0001 within a couple days, but something certainly has been up.
I would definately think it was Frank if it was all from 1 MM buying the shares but it hasnt...HILL, SCHB, TDCM, VERT, BEST, all have been buying/bidding the shares at .0005 the past couple of days..
just weird that last couple months we have seen a strong buying pressure (probably 7:3) but now in the past 4-8 days we have seen a strong selling pressure (probably 9:1) and many people are calling for .0001 but it is still holding up...doesnt make sense...........
-------------------- Buy the silence-Sell the noise SFTV.004-.0075 AVNT.0018-.0033 FPPL.0034-.03 WEGI. My new Call
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posted
Couldn't wait any longer, got another 4mil today at .0005, it took awile for my order to get filled. My money was burning a hole in my pocket. LOL
14mil long and strong.
-------------------- The greatest mistake a man (or woman) can make is to be afraid of making one.
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posted
good job david..good things are to come ..if u have nothing to do with the money u might as well put it on q because one of these days its gonna blow up and ur gonna be happy u put in every penny u could ..im gonna go down to burbank today and give everyone an update of whats going on..hopefully ill get to talk to some important people
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posted
Many MM's on an ask seems to be a "strong ask" that the MM's are pretty insistent about. It seems like the price would be raising then, because the MM's are pulling it up.
And...if the MM's are pulling the price up, that means they are done diluting and/or buy-back-ing.
Am I totally off here?
-------------------- 9.0M QBID locked and loaded!
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quote:Originally posted by Maestro232: Help me out here:
Thinned on the ask means?
I'm guessing it means that there are more sellers than buyers, meaning there is buying pressure. Does this make the stock go up or down? and why?
Gracias. I aim to learn at your feet MT.
first off, you want more people on the bid then teh ask...
this shows people looking to buy which creates support...
the more MM on the ask the more people are looking to sell and adds resistence...
So when i say that the MM are thinning on the ask, i mean they are reducing...there are less MM on the ask..therefore less resitence, which tends to increase the buying pressure when you know there is less resistence ahead...
-------------------- Buy the silence-Sell the noise SFTV.004-.0075 AVNT.0018-.0033 FPPL.0034-.03 WEGI. My new Call
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posted
Maestro, I'm not expert by any means on this but reason tells me that if the MMs are thinning on one side (bid or ask) then the price should tend to move in that direction. Since the bid is building (from 0 to 3 at .0005) and the ask is dropping (from 10 to 8 at .0006) it looks to me that should that trend continue then we should see an uptick.
Now does any of this mean anything, like dilution or buy-back is over or beginning, who knows?
Regarding your previous question look at this as a supply and demand issue. If there are more sellers than buyers then there is more supply then demand and the price should fall.
-------------------- The opinions expressed here by myself and others should be taken for what they are: opinions. Beware, many express opinion as fact. Do your own research from reputable sources and never invest more than you can afford to loose. ~,-,-< GatorMan
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posted
instead of having rich brown post here (is he still goign to do that?) why dont we get VERT or some MM's haha that would be cool...
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quote:Originally posted by davidjanas: hold on let me flip a coin
Ah, so that's how you do it!
-------------------- The opinions expressed here by myself and others should be taken for what they are: opinions. Beware, many express opinion as fact. Do your own research from reputable sources and never invest more than you can afford to loose. ~,-,-< GatorMan
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..im gonna go down to burbank today and give everyone an update of whats going on..hopefully ill get to talk to some important people
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so much for that lol
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