IMO I don’t think Zenny is calling for trips. Th
Post# of 29251
(Total Views: 243)
Posted On: 10/22/2018 5:37:28 PM
IMO I don’t think Zenny is calling for trips. The way I understand it is a if then statement. To what zen was saying (IMO) that if it hits the trips he is buying a chit ton more, but I am happy with my current share count.
Friday and today we had a bid at approx 20 milly shares @ .0013
What had happen was, someone sold into the bid for that amount of shares. There by letting someone else out of their share count.
After the 20 milly went by selling on the bid we jumped up to .0014
Normally with that much selling pressure shoulda walked ANDI down a few ticks, we did not. We went up one tick.
In previous months the ask would have been bought out completely at whatever price point and a 5000 share trade woulda dropped it 3 points. We are just not seeing that at this moment.
IMO I think in order to get more shares people are going to have to pay up for piece of ANDI pie.
Of course this is my opinion and observations.
Friday and today we had a bid at approx 20 milly shares @ .0013
What had happen was, someone sold into the bid for that amount of shares. There by letting someone else out of their share count.
After the 20 milly went by selling on the bid we jumped up to .0014
Normally with that much selling pressure shoulda walked ANDI down a few ticks, we did not. We went up one tick.
In previous months the ask would have been bought out completely at whatever price point and a 5000 share trade woulda dropped it 3 points. We are just not seeing that at this moment.
IMO I think in order to get more shares people are going to have to pay up for piece of ANDI pie.
Of course this is my opinion and observations.
(1)
(0)