Posted On: 11/09/2015 1:18:29 PM
Post# of 131
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$SVFC Ask is shrinking nicely here, almost down to 50% of numerical bid support. Buying on the ask should pick up momentum here of the coming days and weeks. The more shares purchased at asking price, the smaller the wall and the greater the psychological urgency to buy is, based on the reduction in supply and the appearance of demand. After hitting rock bottom on the chart, sometimes .0002's are rough, seeing as so many build the wall with .0001's they flipping to double up; many also adding to the ask wall to create the effect of hopelessness so that others who have lost hope will sell to the bidders waiting at .0001. While things are taking a rather significant amount of time, the outcome could be well worth the wait and the risk off adding a few at the bottom. Still holding my shares here.
Let's knock out these .0002's and start regaining traction. Here's to a great 2016 and to all holding strong.
Let's knock out these .0002's and start regaining traction. Here's to a great 2016 and to all holding strong.
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Do your own DD. Assume everyone here is either an amateur trader/investor or a paid interest such as a compensated pumper/basher. My posts are strictly for entertainment purposes. I am not on Wall St., do not work for a group, and only get paid when my personal investments materialize. I am only responsible for my own gains and losses; no one is to blame for my mistakes or for any advice taken from postings; likewise, I am not to blame for any advice you take of mine, regardless of gains or losses from doing so. Good luck to all; may you live long and prosper greatly.