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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 683.38+0.1%Nov 12 4:00 PM EST

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From: Bert7/24/2013 8:58:16 PM
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Just an observation.....not to hype anything....I played SMXMF a decade ago for some outstanding gains....the monthly charts seem to follow a pattern.....when da boyz want to flush out some weak hands, they drop the price at will to some insane number and reap in the shares....when that happens I put a buy order at the low for a large quantity....100K shares.....to see if they'll fill me....of course I'm accumulating the stock anyways, so bring it on.....whenever I do the big share buy action, they never fill me, unless they have inventory to sell....in other words the price is going to go down for some time. Today I put in an order for 100K at 7 cents.....in the AM.....I'm on the bid....L2 suddenly shows 140K right in front of me.....it sits all day churning 400K + shares, and I never get filled.....I move it up to under the ask, and still nothing and I get leapfrogged....but the 60 and 2 hour charts show buying.......again, no pump, just another quirky thing happening in the world of low float stocks....look at ZOLT today, float 26mil....nice pump and dump....USU the other way....5 mil float.....the humanity.
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