RE:RE:EDT Management better annouce financing deal soon Do NOT pay any serious attention to the current Share Price.
I have Level 2 and can see all the Orders which clearly can move the price however they want. The Volume is a joke.
the BID side always has Large Lots to Buy and yet the ASK side has 1000 or 500 lots to Sell which is a Joke.
I have seen it constantly. This Morning on the Open there was a 50,000 share lot sitting at .48 and the price on the Open took us down to 45 cents and within seconds someone bought every up to grab that 50,000 Lot Ask Order.
Then for the rest of the day it was small orders and was Walked Down on small lots to a current .445 Cents. There is No Volume to BUY if you wanted to. Then you will notice that immediately after the Close at 4:00 PM a Bigger Lot for 40,000 or 50,000 Shares will show up to make it look like someone wants to Sell. They are Buying Up Weak Hands! Watch for the Smoke Screens People! LOL!
Like AccountPrince says "it stinks" but it's all a Heap Of Dooda covering a Sweet Bed Of Roses !
Will post the Final Numbers after the close.
Currently the Average Price on the day has been .47 Cents so don't be fooled by the Closing Price. They have Dropped us 2 Cents in the last 15 minutes on nothing volume with 500 and 1000 Share lots!
Pay Attention to the ASK side. Always small lots of 500 & 1000 Shares....BID side alway much bigger Lots! It's call "let's Go Fishing"
Reminder: Watch how the ASK side gets a Huge Lot that will show up right at 4:00 PM.
Cheers
Rev