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WINNERS CIRCLE
Posted On: 12/07/2012 11:09:03 PM
Post# of 29744
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Posted By: Slingwing
Re: Jmoney13 #3858

$FRZT thought it was going to breakout today.  People are going to have to relize that slapping an order on the ask much over 30 to 40k can start slowing MOMO around the .03 level.  Once it hits the .05 level it will have to be 20K max. Just when I thought we were going to break we had 80K pop up on the ASK @ .031.  It slowed momentum real fast and gave the shorts time for cover.  Low volume days like this take smaller orders to make the PPS keep going.


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