Posted On: 10/20/2016 11:44:45 AM
Post# of 3585
This is really weird , which to me, means some serious manipulation by the MM's. Check this out:
Support levels are: 1st. : 0.0005
2nd : 0.0004
Which means that the shorts are busting their asses to get this back to the 4s , or lower , to cover before news.
Now, here is the kicker.........There is NO resistance levels !!!!
That indicates blue sky's at the top.
I mentioned earlier that I would try to buy the 5's if it kept bouncing there. So, when it did, I did try to buy them, but without any success at all. No one would sell me the 5's. And we are only talking about 400k shares which is pretty small ....considering.
What that means to me, and just my opinion folks, is that the market makers are loading up to hedge the short positions they have and are not allowing any retail positions which may get locked up.
Think about that !!! Could it be that the MM's think the stock is going to go higher and they are simply covering their collective ass's ???? Yhea.....It sure would appear to be just like that.
Again, I would suggest to you to lock your shares down tight and wait for Cliff to do his thing. All JMO of course. GLTA
http://quote.barchart.com/cheatsheet.php?sym=IJJP
Support levels are: 1st. : 0.0005
2nd : 0.0004
Which means that the shorts are busting their asses to get this back to the 4s , or lower , to cover before news.
Now, here is the kicker.........There is NO resistance levels !!!!
That indicates blue sky's at the top.
I mentioned earlier that I would try to buy the 5's if it kept bouncing there. So, when it did, I did try to buy them, but without any success at all. No one would sell me the 5's. And we are only talking about 400k shares which is pretty small ....considering.
What that means to me, and just my opinion folks, is that the market makers are loading up to hedge the short positions they have and are not allowing any retail positions which may get locked up.
Think about that !!! Could it be that the MM's think the stock is going to go higher and they are simply covering their collective ass's ???? Yhea.....It sure would appear to be just like that.
Again, I would suggest to you to lock your shares down tight and wait for Cliff to do his thing. All JMO of course. GLTA
http://quote.barchart.com/cheatsheet.php?sym=IJJP
(3)
(0)
In times when you feel low self esteem, disappointment and perhaps even depression.......keep in mind that it may simply be the result of the fact that you are surrounded by ass holes. GLTA
