3 cent ask thinning Our "seller" who pinned 3 cen
Post# of 39368
Posted On: 10/19/2012 10:42:47 AM
3 cent ask thinning
Our "seller" who pinned 3 cents yesterday with 2.1 million shares is trying to repin 3 cents again today but only 106, 862 is left. Given that Citadel is backstopping 2.9 cents with 305,800 the path of least resistance is up. Just like yesterday, I don't think that 3 cents lasts.
I think that we could clear a path up to 3.5 cents for the close later today and it could take VNDM coming in to stuff a breakout.
[IMG]http://i.imgur.com/WKJFq.png[/IMG]
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