Quick analysis of the past few days of trading: T
Post# of 9144
Posted On: 10/01/2014 1:11:48 PM
Quick analysis of the past few days of trading: The short volume this past Friday indicated that the drop in share price was sufficient to get some buyers to purchase shares at the ask (~50% of that day's volume). The buying continued on Monday and was fueled yesterday by the press release as short volume was in the 30% range. Some if not most of the remaining volume the past two days was likely the manipulators covering. If so, it means that it would take very little real volume at the ask without the interference from the manipulators to raise the share price quickly.
The manipulators are apparently very intent on not giving up the ground they gained when they broke thru support that took the share price into the $0.05s. We're going to need some more fuel to push thru to the next level where they will set up their defenses. The very large spread between bid/ask is a huge burden on the upside.
The manipulators are apparently very intent on not giving up the ground they gained when they broke thru support that took the share price into the $0.05s. We're going to need some more fuel to push thru to the next level where they will set up their defenses. The very large spread between bid/ask is a huge burden on the upside.
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