RE:RE:RE:TRIPLE BOTTOMYeah Dfly I saw what you referred to - the high bid volumes at price less than ask price. Means price is likely to continue down. Dump & dump. Lol. Yeah CMA talks about bidding or asking the price down. Bidding it down occurs when there's a pent up demand to get out.
I guess there were a lot of people waiting for the chance to do so. I didn't see it at the time but since hindsight is 20-20 I see what was happening now. Events like CFO selling spooked people more than I realized. Then extended period of no news. All this created the sentiment for people to grab the chance to get out.
Almost like it was orchestrated to shake out shares to pick them up cheap. What I couldn't understand were the pumpers and dumpers. They looked silly frankly. They should have pointed out to newbie, dummy investors like me what was happening if they know so much. You and Clouder knew. Hey why does Cloudy have a rep over 1400 anyway if he's such an idiot? I had to go find out what the triple bottom that he mentioned means. It's testing a resistence level at least 3 times. After that, the stock shoots up as bears and shorts give up. So maybe it's time for me to jump in finally. But which stock? Oyl or fec or both? I kind of like fec. My wife says fec. She's Colombian. She figures that anybody who has the wherewithall to make money in those jungles gotta have their "pantalones bien puestos" or in English know what they're doing.