Thanks but no thanks on my being a Mod, I just sim
Post# of 56323
Posted On: 09/05/2014 3:08:53 AM
Thanks but no thanks on my being a Mod, I just simply don't have the time available to do a good job. I do try to jump in from time to time and get updated on the sentiment or news of the day though.
I would however cast a vote for Picon
Note that a lot of shares continue coming into the market even this close to license. It does not make a lot of sense to be selling at this point and seems to me that only a relatively small amount of shares entering the market could and does suppress PPS to a point designed to extract more buying volume (liquidity) and that the longer we wait the more likely we may see a greater drop on small volume. Also note that with almost every rise in PPS there is corresponding selling by MMs into the retail buyers. I expect that this type market action is the result of MMs continuing to sell off the large blocks. I will take a closer look at it in the next few days.
Thoughts anyone?
I would however cast a vote for Picon
Note that a lot of shares continue coming into the market even this close to license. It does not make a lot of sense to be selling at this point and seems to me that only a relatively small amount of shares entering the market could and does suppress PPS to a point designed to extract more buying volume (liquidity) and that the longer we wait the more likely we may see a greater drop on small volume. Also note that with almost every rise in PPS there is corresponding selling by MMs into the retail buyers. I expect that this type market action is the result of MMs continuing to sell off the large blocks. I will take a closer look at it in the next few days.
Thoughts anyone?
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