Comment by
j0n3s on Apr 12, 2012 10:15am
Ark, I must admit I'm not feeling overly confident as of late and fearing the meltdown scenario (but that's an off the cuff concern)....
Comment by
j0n3s on Apr 12, 2012 10:18am
It's nice that the buys are filling up BUT they seem to be filling up lower and lower and as long as there are sellers to fill those buy orders who the heck knows where and when this ride will end..........
Comment by
ark88 on Apr 12, 2012 10:23am
J0n3s: To reach close to 5.0 mil in volume in 45 minutes under heavy selling pressure, excluding Alpha, and we're down only 6-7%. WAKE UP. They are buyers who want this at this price. Another cliche being played before our eyes. Retailers dumping irrationally and the big boys buying. Classic.
Comment by
ark88 on Apr 12, 2012 10:29am
Like many of you, I've been here before. I will not panic but watch carefully and consider all the facts before acting. If this is too hot to handle, sell if you must, but don't just sit there paralysed feeling helpless. Ask yourself just one thing, Sell, Hold or Buy and why. It's that simple.
Comment by
utube on Apr 12, 2012 10:29am
Big bids now is showing at $1.01, 111,600.
Comment by
thian on Apr 12, 2012 10:30am
I agree with ark88 on this. Retail investors are in a panic and the big boys are accumulating at these prices. Surely there were lots of missteps. Selling at these prices seems foolish to me. This is accumulation time.
Comment by
j0n3s on Apr 12, 2012 10:32am
.15 when we are already a beaten and battered stock isn't a good thing.
Comment by
ark88 on Apr 12, 2012 10:55am
Now that the morning panic has subsided, looks to me like the big boys have drawn the line in the sand for today, $1.15 on the high side and $1.05 on the low side. The lemmings will be busy today running confused as usual. Back and forth, back and forth with few jumping off the cliff at every turn.