Post by
DanWarren on Jan 29, 2024 2:47pm
The Supply on Asks is running out.....
Was just 3000 on ASK @ .045....now that got added to 17,000 on ASK.
Oops, now 7000 on ASK at .045.
1,250,000 on Bid @ .04 , and on ASK, 430,000 @ .05.
ASKS are being depleted consistantly, and looks like the Bids will have to move up to .045, then the buying @ ask will be @ .05.
Looking like uptrend may be beginning.
Last chance for easy buying @ ask @ .045?......yeah, looks like possibility is strong..
Comment by
DanWarren on Jan 29, 2024 2:55pm
Also, noticing on the daily chart that volume has increased very noticably over the last 11 trading days....another good sign......so two solid signs that the trend is switching to positive. I'm thinking the BID/ASK will shortly be at .o45 - .05. And the Bid / ASK may likely build to be well in favor of the BIDs on size. .....we' ll see.
Comment by
DanWarren on Jan 29, 2024 3:02pm
Here is the spread of Bids / Asks: .05 - 431,000 .045 - 7,000 ASK .04 . - 1, 260,000 BID .035. - 943,000 Balance between BID / ASK is over 5 to 1 in favor of Bids....that is very BIG!
Comment by
DanWarren on Jan 29, 2024 3:06pm
That was hard to read....Do Over: Here is the spread of Bids / Asks: ASKS: .05 - 431,000 . 045 - 7,000 BIDS: .04 . - 1, 260,000 .035. - 943,000 Balance between BID / ASK is over 5 to 1 in favor of Bids....that is very BIG!
Comment by
DanWarren on Jan 30, 2024 5:24pm
Nozz, you are a font of wisdom on this stock ...and others, too, I bet. The entire junior gold sector is a treasure chest of ignored/ discarded value. The trick is to find the best discarded treasures to bend down, pick up, and put them in your pocket. You make many observations as to why MAE is one of the best. Lots of catalysts to bring out the value.