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Microcap & Penny Stocks : Madera Int. (WOOD) -- Ignore unavailable to you. Want to Upgrade?


To: MarcG who wrote (3586)1/31/1999 12:33:00 PM
From: TOPFUEL  Respond to of 3693
 
Hi Marc my friend gave me access to his Level 2 account in December so I am learning the ropes myself but his etrade account does not let you cut and paste from it. I can get trade logs and so forth as the stock trades afterhours yes and there is a place where I can find the trading volume to size as well..

On WOOD heres the trading range I see now but again if news comes or something else before 9:30 am Monday Morning this can all change..

On the bid side we have 1 market maker at .155 then the next downside movement will be .15 where there are 5 market makers there this should be WOODs support level but the MMs have been walking the stock down very slow they started lining up at .19 then they stacked up at .17 and now they have walked down to .15 will trend continue I have no clue unless you have a crystal ball you can loan me LOL..

Ok now lets goto the ask side

There are 2 market makers at the ask of .165
1 market Maker at .17 and 6 market makers at .18
Again this trend has started at .23 then .21 then .19 now there lined up at .18 and has slowly been coming down as well I warned people this might happen at .23 but I got called names and was told I have no clue what I am talking about so take it for what it is worth unless news comes on WOOD they may keep walking the price down on you but again that is my opionion only..

David

When I first got access to level 2 I thought the more market makers at the ask meant the stock was going up LOL thank god I am not a daytrader or I would of got my butt kicked until I found that out LOL