Are they now diluting the stock 40%???

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03-09-2009, 08:50 AM
Brandon Matthews

Are they now diluting the stock 40%???

TD shows .0685 on my chart but the other info doesn't jive...
03-09-2009, 08:52 AM
Brandon Matthews

never mind....now back up to .1555

that was scary..I showed 600k shares at that other number...I still have no idea where that camr from.
03-09-2009, 09:03 AM
trippingthespeculatingpos

yeah im looking at the data, it doesnt show a sale for that price on td for me, probaly a glitch. are u using command center?
03-09-2009, 09:07 AM
tucknroll

not much of a PM bounce, but what else is new:(
03-09-2009, 09:09 AM
trippingthespeculatingpos

it is better to have a slow sustained move up then a violent spike that will just come back down.
03-09-2009, 09:18 AM
Paratrooper_Rick

I'm with tripps - I'd rather have a good sustained slow rise -

Seems like we've temporarily stalled around .155 - I just hope we get good support at .15 before market opens in 12 minutes...

I think we go gradual this week - but I expect us to erode later - maybe thursday...
03-09-2009, 09:20 AM
Wirestripper

Too many still willing to unload and go home.

It's to e expected.
03-09-2009, 09:20 AM
OldDruid

Quote:

Originally Posted by trippingthespeculatingpos

yeah im looking at the data, it doesnt show a sale for that price on td for me, probaly a glitch. are u using command center?

I ran a time/sales search and saw nothing less than @.143 for this morning.
03-09-2009, 09:22 AM
trippingthespeculatingpos

hey wiretstripper i dont think that is the case now, if u saw friday there was very little selling thats what kept volume to a measly 40 million even on big news, hopefully that trend keeps up. look what happened last time we thought they averted bk it went to what was it 400 million something like that.
03-09-2009, 09:23 AM
Paratrooper_Rick

Yep - I'm seeing that -

Hopefully we'll clean out most of those early this week... I noticed a great number of asks on the level II's sitting at .16 and .17 ---- each 590K and 226K shares respectively......

We should have expected that though.... the question is will the retail investors start to bite and will volume gain momentum..

Need more coffee... be back in a few..
03-09-2009, 09:26 AM
OldDruid

U R right. I've been glued to the montage this morning and there has not been a willingness to sell in to the bids. There has been a bid block of 10K @.15 for a little while now with no sellers.
03-09-2009, 03:25 PM
AmenhotepIII

you guys really seem to have a lot of visibility into the Level2, I realize you have to pay a small monthly fee for that. But I didn't know you could see sell and buy orders waiting (or can't you?).

Also don't you have day jobs? I'm jealous that you get to watch so closely and appreciate you relaying that info to the rest of us cube-slaves. :)
03-09-2009, 03:47 PM
Wirestripper

Quote:

Originally Posted by AmenhotepIII

you guys really seem to have a lot of visibility into the Level2, I realize you have to pay a small monthly fee for that. But I didn't know you could see sell and buy orders waiting (or can't you?).

Also don't you have day jobs? I'm jealous that you get to watch so closely and appreciate you relaying that info to the rest of us cube-slaves. :)

Yeah, you can see them and also what exchange they are placed from.
03-09-2009, 03:51 PM
Wirestripper

Quote:

Originally Posted by trippingthespeculatingpos

hey wiretstripper i dont think that is the case now, if u saw friday there was very little selling thats what kept volume to a measly 40 million even on big news, hopefully that trend keeps up. look what happened last time we thought they averted bk it went to what was it 400 million something like that.

Yeah, I'm waiting for the volume to pick up and we won't get a bump until it does.

We won't get that volume until sideliners get interested and right now I figure they are only curious and don't want to put a toe in the water. It is too cold!

Also, we have to flush out the selllers who doubled. This has to work it's self out and time will do that. Then we need something to stimulate interest again. In the interim, I think we stay above or at .14.