I fixed it for ya:D
Well actually i guess being a trader is a gambler really:rolleyes:
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I am beginning to think .20 is the latest psychological barrier to break through...
We're positioned around the hill - call in the fast movers to clear the hilltop before we make another charge upward.....
naw just keep moving up. Those chickens will lay a few eggs and then run when they see our cold steel.
Their running out of ammo up there. Trying to stop us with 100 and 200 share blocks
this stock is like a drug...i was only going to buy 10k shares...now holding 47,500...how many others on this board addicted?
Brandon,
Your thoughts on a couple questions related to EOD. I noticed that there was a quick SP drop in the last 2 minutes of regular trading yesterday. I'm guessing that was day traders taking profits. Do you think we are subject to see some substantial DT profit taking for the week right at closing? Weekly gains are pretty good for those that bought Monday and Tuesday.
EOD short activity?
I'm still with a mindset that daytrading shorts will cover and close their positions in the final hour. They tried to take it down but failed by not getting a selloff to occur at .19. Now they are attempting to hold it in a tight range. I suspect the price manipulation today is allowing this to occur. I'd look for a small gain on the close. Provided of course, that the shelf offering from yesterday doesn't bring with it a large sale on the close.
This stock is a drug for sure.
Got in with 200 shares in 2004/2005... had 8000 shares at an average of $3.00+ before the meltdown started.. Now have 33000 @0.90.
almost ran out of money now except my 1000 citi shares which I feel like selling and buying more SIRI. My wife wouldn't allow me to put more money in stocks after seeing what I (or Siri) did to our $25K investment in the last 2 years. Might sneek in some more though... shhhhhhhhh don't tell her :)
What does trading in 100 or 200 share blocks have bearing on? Mogami (a few entries above) indicated that he/she is seeing these blocks of trades as 'trying to stop us'.
Just looking for knowledge...
KR
Brandon or anyone...do we have to be over 1.00 pps to trade in penny increments? Presently this .0001 is really bullshit amounts in trades.
Hmmmm. *waits for the 2PM selloff*
Ok I see ... i was just noting you said you wish you had put more money in when you did buy. That indicated to me you had more money to invest. Bad assumtion on me:) I to am out of money to invest in spec stocks. So we are both All in.
of course if I was SURE it would be $1 by years end I might liquidate my regular positions and buy more ... but this stock still isnt trading reasonably. maybe after Q1 although I suspect it will Q2 before it settles down.
I think it will trend up till then ... 2 steps forward 1-1.5 steps back. But I have no idea .. the only prediction I got right on this stock was no BK in feb or march .....
Thanks Brandon.
New question and I'm open to input from Rel, Cos, sl62, 888's, Homer and any others that might be able to lead me in the right direction. As I've stated before, I'm a rookie at trading, but am committed to increasing my knowledge. I've learned far more than I ever thought I would in the last few months just by purchasing Sirius and reading these posts every day. Any suggested reading material, online classes, etc that might help me further my knowledge base in a less stressful manner? Any advice would be much appreciated.
A lot of those 100 and 200 lots are partial orders also.... Most traders who can trade in 4 decimal places can see the prices set by these 100 and 200 bids are there and ignore them... The most effective use I've seen by the MM's is for them to set up a wall of these multiple small orders at the last tenth of a cent (.1990-.1999) to block the next whole cent, .20 trade by retail 2 decimal place buyers out... They do the same on the way down (.1901-.1910) which keeps retailers with GTC orders at .19 out . They painstakingly do this at every break price they can to control their own trading agendas..
It's not a question of enough, pal. It's a zero sum game, somebody wins, somebody loses. Money itself isn't lost or made, it's simply transferred from one perception to another.
Hi, On level II they are showing as 100 share bids, or 100 share asks. Always lower then what traded right before them.
Partial trades show by subtracting from the larger share number (example ask is 30,000 shares at .1800 when 200 are sold ask goes to 29800 shares at .1800)
Yum, Yum, Yum...Just got back from lunch and we're movin toward pushin the 20 cent ceiling....Come on, come on, Come ON!!! (Slapin that hip!)
**Maybe this new pic of Sparky Forkin the Dog will inspire some upward movement!!**