Interesting that MSFT managed to close above its 50 dMA ....
.... but traded about 1/2 point lower in AH. I definitely think people are bracing for a washout. I'm not too worried about margin calls, since I really think those people were taken out months ago. I could be wrong. But redemptions could be another matter.
I've seen other threads where they're predicting a 400 point rebound after Tuesday maybe. Their reasons sounded believeable. But we shall see.
Here's some thoughts on the OTCBB, derived from these links you showed me:
quote.yahoo.com
otcbb.com
Total Friday OTCBB volume = 200M shares. If the average share price on the OTCBB is, I dunno, .05, then that means maybe $10M changed hands on the OTCBB yesterday.
So what is that ... a total of 5,000 people out of the entire population of the US and Canada, buying or selling $2,000 worth of OTCBB stocks yesterday ?
And the reality of it probably is that maybe 500 people are trading $10,000 - $20,000 worth of stock and the other 4,500 traded $500 - $1,000 worth.
And of those 500 people, maybe 200 - 250 are connected directly or indirectly with either the stockpit or TGL live.
lol,
Chris |
