Market Watch for week of 6/22/09

Hey Gang -

It looks like we are holding really well so far with MGLG. I have to laugh at the pissing match on IHub. This might just turn out to be another day, but people are definitely holding onto MGLG.

BCLE is up....I know it is boring right now, but they have to finish the audit and all, but that is future history.

SIRI - Looks like a lie detector test

CDIV - Is up and looking good. It is low volume, so it can come down just as fast.

BEHL - is volatile


Later in the day will produce a better picture.


Good morning, Bass! I agree with you on MM's. It is all supply and demand, but sometimes they can manipulate it. I know I have watched them. They have little signals to each other. I had the signals listed a while back. I will see if I can find them again. It's time for some coffee. :)

I know this pops up every now and then, but these are the supposed signals that market makers use. Personally, I think a telephone would work better.:

MARKET MAKER SIGNALS

Penny traders believe that Market Makers (MM) will "signal" moves in advance buy using small amounts of buys or sells as "signals". The "signals" are such a small amount of shares (worth no more than 5 or 10 dollars) that no trader would have paid a commission that costs more than the amount of shares bought. The "signals" are from one MM to another.


* 100 I need shares.
* 200 I need shares badly,but do not take the stock down.
* 300 Take the price down so I can load shares
* 400 Keep trading it sideways.
* 500 Gap the stock. This gap can be either up or down, depending on the direction of the 500 signal.



Remember this is a theory put forth by a lot of penny stock traders. This is not a guaranteed trading method so please use common sense and purchase stocks only after researching your investment thoroughly

If you watch SIRI close enough on Level 2, Bill, occasionally you will see other numbers that might be used as signals.

I swear I have seen "37" and "82" or "83" shares put on the block, and this was when SIRI was below .20.

That is interesting. I know that they were manipulating the prices a while back and got called on it. Some people called the SEC and filed complaints, but I don't know what came out of it. I wasn't centrally involved in the process, but a lot of people were complaining.

I am sure that you are absolutely correct though!

By the way, Good Morning Greg! :)

SIRI is sure having a rough ride this morning. I hope that the honeymoon isn't over for this run. The volume has really dropped off this morning.

good morninig bill! yeah i agree with you, im just not savvy enough to look at level 2 and point out to people and explain how MM's are manipulating prices.
MGLG is holding strong, i would like a close at 13 and i think going into the weekend we will get at least that. i dont believe people want to be out if by chance theres a PR release on monday. but who knows , people get sooo impatient....

bcle is also holding strong, imo, this one is a long and a good one.

i have my eye on cdiv and just trying to find an entry point any advice from anyone would be appreciated.

still looking for the .0050's on behl..IM NOT SAYING WE"LL GET THERE. im just saying that is where id like to reenter...

stepping out for a minute...gl all

Hey Bass -

Yes, MGLG is hanging strong. People have finally wised up to the fact that if they get out now they are going to lose. As soon as those production numbers come out, maybe next week, this thing is going to go ba bomba boom!

It is a great entry price right now. I am just holding and waiting. That is my whole game right at the moment with everything. Exhibiting and practicing patience at this time is prudent.

Has anyone tried to get more shares this morning at .0011 and succeeded?

Just look at the chart from yesterday through today. It is total consolidation...but is not really consolidation in the literal sense. It is a holding pattern. A launch pad! :)

On CDIV, I think I would just put an order in a .028 and hope for it to drop. That's what I would do, yes sir....:)

Quote:

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Originally Posted by billhart22

SIRI is sure having a rough ride this morning. I hope that the honeymoon isn't over for this run. The volume has really dropped off this morning.

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volume is back, spiking now...

just got another 80,000 mglg shares, lol, GO baby go!