Sam. I am no expert, but pretty sure in my thoughts. Lets add up the shares bought here today. I bet our thread is not responsible for more than 50,000.
I opine that the MMs had a naturally perpetuated short recovery today. this is great, it allows them a breather.
If not, and we have some serious buyers out there that arent even here. If this is the case, then thats even better, cause the natural short position devloped by the mms from .10 to .15 had yet to be ralized.
I figure this stock is in a very volatile stae right now. I saw no sells today ( speak up anyone ), the bis ask never met the low of .14 that is reported, and as soon as the buy pressure subsided they downm ticked it on hardly any volume relative ti the ask pressure all morning.
If this company finds any more buy pressure in the public today or tomorrow, the lid will blow, as there will be a serious dry line for the need of liquidity in shares.
If and when shares can be fed from the public ( sells ), if they will be from the 13 level, if they do. I cant imagine trader from .13 to .20.... ?
I have seen a sell ratio today of about 3 %.
what a joke |