Tree shake, current events & worthwhile reads.As one can see by the B&A pre-market, no one is allowing this to rise and my previous post stating they would try to get this under .70 is renewed. I have an enormous amount of dry powder waiting in the wings, so .. bring it. Just one even slightly positive NR from KNTHQ, stand back and watch.
2 cent spread is being used to bait. If you're able to .. keep walking your bids back as they/someone appear way to eager to whack it.
Short cross selling between houses is quite apparent. It can be seen when many small blocks (100 - 500 shares) go off all at the same time from several different houses. This is very effective at both driving the price down, shaking out nervous nellies and triggering stops, and additionally helps them accumulate - if that is the goal. I am no longer certain there is a large seller present as yesterday's comparatively enemic volume indicated. What - sell at
any price ? .
For Gawd's sake ppl, do not place stop-loss orders and then head off to work or whatever. Buy and hold it but you must be prepared to have your mettle tested. I am invested in NWX which is a an example of classic buy, hold & prosper kinda stock. (25 cent stock paid a 10 cent divvy last spring) but being a penny stock, one must have nerve, conviction, and monitoring ability.
GLTA
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