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Treaty Energy Corporation TECO
Posted On: 09/05/2012 1:13:16 PM
Post# of 39368
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Posted By: coolnapz

More low volume games


You know it's an intentional bid whack when the biggest volume of the day comes in the last 10 minutes of trading, which is what occured yesterday in order to slam the bids.


Volume is light again, so expect more of the same. Less than half a million shares through 1:00 EST. The bears will continue to sell fake shares into anything at 4 cents so that they can game the closing print lower. Bulls will continue to ask slap it back up.


VNDM moved higher to 4.6 cents so I think they are letting other people do their dirty work at the moment. Once we get past this holiday shortened week I would expect some more volume to return and for price to make it's move back to a nickel by month's end.


Remember, since April 2011 there has only been 1 month where TECO closed below 4 cents.














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