Comment by
60606060 on Feb 23, 2015 2:10pm
If the buy side was real the HFT would not pull the trades. The ask side price is held by a rotating few. If say $.43 goes it is immediately replaced. You won't see the ask pulled- just replaced. Where is $.46-.47-.49 .Half million trades and nothing changes to the upside.
Comment by
Yun321 on Feb 23, 2015 2:37pm
I look at LOY at this way: downside until MA 20 hit below $0.44
Comment by
60606060 on Feb 23, 2015 4:02pm
You should re-think what you said. The 20 MA is $.49 today and the 50MA is $.46. We are not going bankrupt are we!
Comment by
Yun321 on Feb 23, 2015 5:44pm
Just my guess, you can ignore this. ( go below $0.40, and go up to $0.50s. And new financing at $0.52.). This is based on nothing, so you can ignore.