$TECO sub 250K share snoozer As predicted earlier

$TECO sub 250K share snoozer

As predicted earlier today there would be bidwhacking in the final hour of trading and as you can see from the T&S below it began precisely at 3:01 pm.

With less than 50,000 shares the bears bidwhacked the price securely into 4.5 cents. Notice how they did not attempt to demolish the 4.5 support level with millions of shares. This is because there is no point of bidwhacking when you are just going to whack into your own bid.

CSTI and PERT are on bid at 4.5 cents while concealing share size. Have you ever executed through either of those MM's? Chances are you have not. That is because these two MM's service hedge funds and institutional traders, the guys who are Naked Shorting the stock and keeping price suppressed.

Real investors are not selling and this is proving to be a huge problem for these guys who are now out of the money for about 7 weeks. Buyers keep hitting ask, cutting in front of them on bid, and putting in bid right below them to stop them from covering at break even let alone getting back into the money.

Today had the lowest daily volume since May, and it is only Wednesday. Unless we have some kind of news it is going to be incredibly uneventful trading over the next 2 weeks as many traders will leave early next week for Labor Day, and then we will have a holiday shortened week afterwards.

[IMG]http://i.imgur.com/PdISQ.png[/IMG]

[IMG]http://i.imgur.com/mPaRy.png[/IMG]