posted
This i so hard to read. We got a stock with a low O/S so it is an easy mover. Got rumors swirling but now the vlume dies. But stiLL got big boy ARCA on the bid steady trying to buy in over the past trading sessions
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and these 100 share buys on the ask. What the heck this has bEEn going on for days. i mean 100 shares at .004 is forty cents. Tha tis not even worht the coMMision. so what are the MM's playing here
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Those small .40 trades are MM games to try and move the price.
I would like to know more about the 8.5 million you and Uncle B spoke of. Whom or what board did you hear of this? I cannot find a filing that mentions it, but I believe it to be true.
This makes me think the price is just being supported until that order is complete. The other possible cause would be an attempt to cover short positions. As you know BB shorting could only be done via offshores or special funds, but not through a standard broker. This makes me lean towards my first idea of support.
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Uncle B and i have a couple contacts and that is were the info came from. But reaLLy and truely that 8.5miLL should be done based on the volume over the past wEEk. So i don't think that is an iSSue now.
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I would agree 100% and most of the upward resistance is gone, until you get into the 200 DMA. This means any REAL volume days (20 mill) will certainly have a major effect on the PPS.
However, ETRD seems to come in upon heavy trade volume. So its very curious.
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any other day 5k trade knocks the bid down. Now 275k go oFF on the bid and it does not even flinch. Not that i'm mad or anything. Just goes to show ya the MM games. StiLL for the life of me can't put my finger on what those 100share trades are.
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a spining top formed yesterday. No clear distinction whether buyer or seLLer controled. Of course i am optimistice and wiLL say buyer. But that is also based on it closing grEEn.
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Ok...now which one of you bought all those shares in the last 10 mins Friday? According to this LVL II chart the bid/ask is sitting at .0037X.005 !
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aLL the bid's are siTTing down at .003 so i would say if you in dump it so this thing can drop to .003 and then whom ever is trying to load up threw ARCA can have there shares and get this thing moving
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ok so they got it down to .003 on the bid. 10 stack dEEp on the bid there. They have bEEn siTTing there for wEEks so maybe they wiLL finaLLY move this thing
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I still hold my million+ shares. Curious if you have heard anymore "chatter". I get the sense this board is being monitored. EOM.
I stiLL hold min also. And wiLL continue to hold. Board might be being watched and if so know that i am not seLLing a share, so if you guys want it down to .003 gOOd luck cause it won't get there on my sahres. If you want aLL that i hold i nEEd to sEE some movement and then i wiLL let them go in the .0065 - .01 area.
PS. not much heard, but i do lnow someone is playing with this thing with tthese 100 share buys. And they obviously want it down to .003 as you can sEE that is were aLL the MM's have bEEn siTTing for wEEks. But like i said won't get there with my shares so might as weLL start buying here cause aLLL the seLLers are OUT!!!!!!!!!!.
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