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Interesting action this morning in IGAI...on sale .0101x.0104 and ARCA has a boatload of cheapie's at .0104, then right back off to .014....pick em up now, I am....Christmas in May
-------------------- I may be wrong, but I don't think so....
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I know thats what I was thinking they are shaking out all they can today. They want the last of the cheap ones before next week. I hope NDOL hits my sell because I want to roll that into IGAI before we get those quarterly results!
-------------------- Money often costs too much. - Emerson
**ALL POSTS ARE IMHO, DO YOUR OWN REASEARCH.**
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Just to clarify, are you saying you think there is dilution occurring right now but that in the short term we should be able to overcome for a run?
-------------------- Money often costs too much. - Emerson
**ALL POSTS ARE IMHO, DO YOUR OWN REASEARCH.**
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quote:Originally posted by kdb83182: Just to clarify, are you saying you think there is dilution occurring right now but that in the short term we should be able to overcome for a run?
That is what I am thinking...these sells are very large...the O/S is very low...so I am not convinced that the "added" shares will "hurt"...
Anyone else have any thoughts?
I'm still in...and I still think that it is a good play....
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!
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3 buys at .013, no sells, and they lower the ask from .013 to .012 and then a 50k order at .012. ARCA still sitting at .04, where it will be in the next 2 weeks
-------------------- I may be wrong, but I don't think so....
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quote:Originally posted by BULListic: Interesting action this morning in IGAI...on sale .0101x.0104 and ARCA has a boatload of cheapie's at .0104, then right back off to .014....pick em up now, I am....Christmas in May
This is one of the MMs' trick to scare the investors. They could use this to collect many of stop-loss sell orders, and trigger panic sells. Hope they get enough cheap shares for a run soon.
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lol yea i had to double check to see if my streamer was still working or not.. guess we'll have to wait until next week to see some real action..
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I'm not sure that I have ever seen a day with NO volume...no one is giving up anything right now...I even had a buy order in ALL day for .0125 and they wouldn't fill it...no it wasn't all or none...they just wouldn't give it up...interesting...everybody seems to just be waiting...
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!
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quote:Originally posted by 10of13: I'm not sure that I have ever seen a day with NO volume...no one is giving up anything right now...I even had a buy order in ALL day for .0125 and they wouldn't fill it...no it wasn't all or none...they just wouldn't give it up...interesting...everybody seems to just be waiting...
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Hopefully either a filing...they had their last 10Q on Jan 13...or the MM's to let it go...(this one is defintiely controlled by the MM's)...but it does need attention to move...IMHO...so yeah...seems everyone is waiting...
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!
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