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Microcap & Penny Stocks : The Microcap Kitchen: Stocks 5¢ to $5

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To: ACAN who wrote (49763)3/24/2006 8:40:18 AM
From: lexi2004  Read Replies (1) of 120405
 
VRDI...So good to hear you and Gary talking about it. I'm loaded HUGE with this one. Looking at the 2 year chart, the money flow had moved up in February, and has pretty much stayed up in the 6 level even during this down turn. The stoch is coming up and touching the 20 and looks like it might be ready to move out of the oversold area. The MACD is close to the 0 line. I noticed yesterday some MM trickery. I'd put in a bid at the ask and it wouldn't be taken nor was it on the streamer. In addition, the streamer showed a lower bid. In short, I think much of it was to make people think the stock was lower than it was. Having played stocks of this ilk quite a bit, I believe it's common to just wear you down as a stockholder so you'll throw in the towel and then the MM will have your cheaper shares to buy and start the move up. Let's face it, that's what they do - buy cheaper shares and move the price up so that they can sell at a higher level.

Lexi
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