RE:RE:RE:RE:Cross ProductsKelvin wrote: Hey Mat, How's things? Good you looked me up. You once explained to me, when I was Dirk, all of this bid-ask dynamic, bid walls, depth etc that the mm's create to manipulate. You even posted 2nd level bid-ask action from your online investment account. Remember? So why is this sp dropping? They got some sort of wall up where they take out bids higher than what they want? "Hit the bid" was the expression used. They are able to hit all of the bids because there's not enough of them? Is that's what's going on? Thanks buddy for any input. Hoping that Plainview oil joins the discussion. Very knowledgeable geophysicist that they ran off the cgx board. I learned a lot from him.
I know I have been tough on you, I just hate the multiple IDs and the board manipulation...
Truthfully, I'm a blue chip, large cap guy. So our past conversations around fundamentals, corporate statements and yes AnnMar's present values of future income stream is right up my alley. Much easier when companies trade around information and statistics than speculation.
However, I do like to gamble a bit and have a certain allocation that goes to speculation. I'm not a trader, and my strategies are usually averaging in or averaging out of something with a catalyst in the not too distant future.
Trying to uderstand CGX's day to day price moves is almost impossible when you are dealing with a tightly held, low liquid stock. The daily scalpers are in control of the short term action, hopefully the news will ultimately decide the long term trends.
Pick your convictions, stay the course, ignore the noise...
and for God sakes, keep and be one handle!