I'll 3rd the motion re: sorry to see the Mad One leave. Here's hoping
that we're a wealthier bunch when we are again privy to his musings.
If this is the case, I'm sure his "Welcome Home" party will be all
the more a gala affair.
If Mad Monk can leave the stock for a couple of months, I have renewed
my committment to leave the stock for at least a couple of hours. Before
I renew my "Quit counting the ticks, stupid" pledge, here's one more
day's worth to chew on. If anyone has better #'s, please fill us in.
Re: Tony's (TWEST) earlier post
<<I'm smacking the side of my computer. 600K shares just traded?
HAH now it readjusted to about 400K just traded. I knew there was a screw
loose in there.>>
Looks like final volume count for the day is 577,400. However, AOL Stock
Quote is showing 797,400. Difference of 220K.
Maybe this is MM's swapping shares or doing whatever it is they do?
Anyway, out of 577.4K, as best I can tell:
First 147,400 shares - 13 BUY @ 111,400; 2 SELL @ 36,000
Last 296,000 shares - 8 BUY @ 296,000; 0 SELL
Total trades for day = 24. Above figures represent 1 missing trade &
134,000 unaccounted-for shares.
The above is doubtless imperfect, unless one trade accounted for 134K shares.
Could have happened, as 134K @ $.15 = $20,100, so maybe somebody bought
20K @ ASK.
Regardless, I think the above is fairly representative of today's action.
In summary, and excluding 134K "missing shares" & 1 missing trade:
BUY: 21 trades - 407,400 shares
SELL: 2 trades - 36,000 shares
BID/ASK: Begin day - $.13/$.15; end $.14/$.17
IMHO, not much change for the imbalance of BUY vs. SELL. While 23% increase
in one day sounds great (& I'll take it every day), one SELL, no matter
how small, would have wound us up right back where we started (at $.14).
My new hypothesis: MM's are producing millions & zillions of IMMM shares
on their brand new high-speed copy machine. At a cost of maybe $.02/copy,
they're bagging us for the balance. Otherwise, I just don't understand the
above scenario, which seems as though it's become somewhat of the norm.
Note: The above was presented in lieu of any news, facts or anything else
that sometimes gets in the way of a good discussion.
On the upside, at least none of us IMMM'ers are subject to death by boredom.
Take care all,
David |
