posted
All I'm saying is, is that I dont necessarily agree that the 102 means anything other than the MM saying:
"Look, only one trade today, at the low of the day, on the bid, maybe you, nervous trader, should consider selling us your shares, that we will gladly snap up on the cheap.."
IP: Logged |
posted
I hear what you are saying Pheonix. I use the term signal not because I believe in 'em but because I don't have any other term to call it. If it were a partial fill we would have seen a bigger volume, so to if it were a scare tatic. Instead of putting out a measly 102 they would've been sidways trading a large number of shares to simulate dropping support.
Maybe someone just want something to talk about on the boards.
Regardless, three MM's stack on .008 show interest by buyers. No shares traded show conviction in holders. Who will budge first...those who are in or those who want in?
BF
-------------------- No longer eligible for government service due to lack of tax issues.
IP: Logged |
posted
Weird going ons today. A whopping 102 shares traded at .008 to show an 11% decline. Somehow something doesn't seem right, but those are the facts. LOL
Not encouraged or discouraged, just simply surprised they can get away with this stuff.
Still have to believe there isn't any dilution taking place, next to no volume. My money is still on the low O/S and float with this one.
-------------------- A million seconds is 13 days. A billion seconds is 31 years.
IP: Logged |
posted
Buyers were more stubborn than I thought yesterday. Still expecting the rise but won't predict a timeline again. If you look at the 6 month chart the stock rarely flatlines for more than two or three days in a row. When this goes it should go up. Lookin for .015 - .018.
-------------------- No longer eligible for government service due to lack of tax issues.
IP: Logged |
quote:Originally posted by will: Weird going ons today. A whopping 102 shares traded at .008 to show an 11% decline. Somehow something doesn't seem right, but those are the facts. LOL
Not encouraged or discouraged, just simply surprised they can get away with this stuff.
Still have to believe there isn't any dilution taking place, next to no volume. My money is still on the low O/S and float with this one.
Yeah, it's ridiculous. Make it look like it declined 10% on selling -- but anyone with an ounce of sense wouldnt believe that in a heartbeat.
Unless of course people have been trying to sell and not using AON orders -- and the MM is filling them for only 100 shares -- and taking the bid down. That would really piss me off. Happened to me before -- I got reamed in a stock, tried selling, and they deliberately gave me a tiny fill and moved the bid down.
I'm not selling. Not gonna play their game and give them my shares.
IP: Logged |
quote:Originally posted by The Bigfoot: Buyers were more stubborn than I thought yesterday. Still expecting the rise but won't predict a timeline again. If you look at the 6 month chart the stock rarely flatlines for more than two or three days in a row. When this goes it should go up. Lookin for .015 - .018.
Morning to all, and Bigfoot, if you say .018 and it goes there, I'm gonna have to call you The Double. GLTA
IP: Logged |
The games were annoying but it looks like today they were successful at shaking loose some of those stubborn folks sitting below bid...(don't know if that was the intent or not)
Keep up da volume, bring on da rise.
-------------------- No longer eligible for government service due to lack of tax issues.
IP: Logged |
posted
My L2's show UBSS at .0086 and VFIN at .0087 on the ask...ETRD and SSGI on the bid at .0072...oddly enough the ask in my portfolio view shows .008 as the ask...
macd flattened with that trade BTW...
IP: Logged |
I'd say all this is lacking is attention. We've seen how even 500k (which is basically 5-8 trades) can bounce this up quickly. A good run is almost gauranteed to my mind.
-------------------- No longer eligible for government service due to lack of tax issues.
IP: Logged |
posted
P.S. Having personal trouble figguring out how to express my opinions on this stock. The float is so low any real positive exclaimation could be seen as trying to start a group play. That is not my intention. Could happen while I'm in it and I'll take advantage if it does but don't want to be one of the authors. Not the way I like to trade.
Bigfoot
-------------------- No longer eligible for government service due to lack of tax issues.
IP: Logged |
posted
It's a pos, no different than any other penny stock. Don't buy it. Stay away from it. It sucks. It's going to go lower. It will never recover, and you will lose all your money.
Don't play it, go find another play with a sterling, sparkling 10Q that trades at .01 or less. Make sure it has enough cash on hand to cover 3 yrs of liabilities. Current assets of 10's of millions of dollars. An O/S of 2M shares with A/S of 5M....and is at it's 52 week low, so there is little downside risk, preferably trading under .001.
-------------------- A million seconds is 13 days. A billion seconds is 31 years.
IP: Logged |
posted
These aren't real companies, people, this is gambling. If you play these pieces of sh!t based on fundamentals, you would by about 2 or 3 stocks a year.
-------------------- A million seconds is 13 days. A billion seconds is 31 years.
IP: Logged |
posted
Here's your volumes. Notice from 8/2/06 on. Does that look like dilution? If it were they'd be dropping the Ask like crazy and trading 10's of millions. Maybe those two days of 102 shares traded diluted its value.
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
