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Technology Stocks : PHGI -Perihelion Global, Inc.

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To: rrufff who wrote (451)1/13/2006 11:10:25 PM
From: creede  Read Replies (1) of 827
 
Hey, check out this exchange.

By: creedebighorns
13 Jan 2006, 09:30 PM EST
Msg. 1604 of 1607
(This msg. is a reply to 1602 by markyiso.)
Jump to msg. #
mark, so you are saying that the MM's printed the 1000 @ .0003 just so that the 300 mil the next day would be red, right? Why would they do that? What do you think is going on...and why do you think this leads to something very big? TIA

GB+ND
c

By: markyiso
13 Jan 2006, 10:40 PM EST
Msg. 1606 of 1607
(This msg. is a reply to 1604 by creedebighorns.)
Jump to msg. #
well, for one obvious reason ... the next day will look like a sell off eventhough most went at ASK .0002 or between bid x ask .0001 x .0003.

Look at the Accum. Dist. since the 10 , 11, 12, 13 you will see it's up. But most people don't look at that they look at the volume and price and how many percent dropped in price. Also by did 1000 at .0003 the previous day, it would make the chart looks awful the next day with HUGE volume and would make those uninformed to sell.

You can also see why i posted transaction of the day in the last few days to tell people the real picture.

Today I decided to do a test by selling some small but sizable portion at .0002 between bid .0001 and ask .0003 You saw it, they took my shares at .0002 to fill the buy at .0003

what's the likelyhood of that happen if they had shares at .0002 in the inventory or have lots of people wanting to sell at .0002?

I think someone is holding lots of the float. I won't be surprised if Mark and Rick are holding it. After all 400 mill x .0002 is only $80,000 I think they want to make sure shares those who want to sell at .0002 sold before the up in price.

I expect 10X to 15X in a short term before filling the gap. Of course it depends on news and how long those who have tons of shares want to hold.

Anyone want to reimbruse me for the commission of $11 for such test? Can send me a DVD of a new movie or something. :)

- - - - -

What do you think rrufff? I sure hope he's right.

GB+ND
c
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