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Strategies & Market Trends : Yeehaw candidates short-term picks

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To: honjohn007 who wrote (59)12/11/2003 11:38:32 AM
From: Ken W  Read Replies (1) of 466
 
John

100 shares in the folio is, as you say, just to represent % gain or loss on the position. Hopefully, no one buys only 100 shares of an under 5.oo stock. LOL

Mikey has a gap understanding issue. For instance CYAN opened at 1.20 this moring with a close last night of 1.14 That is a gap of .06, That gap has now filled (back down to 1.14 and just a hair lower with some pretty large bids at 1.10. The friggin market maker don't want some retail buyer to get the 1.10 leves since that is where they are at, so they throw in some small bids at 1.11 and 1.12 (BTW I'm one of the bidders at 1.10) <GGGGG> If they can force the 1.17 ask then maybe the idiot from Schwab with 4200 at 1.19 will finally get taken out (he has been trying to sell those same 4200 for 3 days) each day at a lower price (clearly a novice) If he gets to 1.12, I'll take him out, just to get rid of him. LOL Anyway the whole point is the gap is filled, with support at 1.10 over the last 3 days. Trade is back to about 1.25ish or so.

I think I'm starting to babble.

Ken
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