CGX Energy Inc V.OYL

CATCH A FALLING

[CLOUDER]

STAR,   or    KNIFE.............in the old days CGX wold have finnished drilling by now  soooooo.    or if you are EXXON   you would be done,    sooooo   is CGX?  WELL  this is still better then  a(halt) then  30 cents to no  were.

[Dirksidetrack]

If you go back to Dragonfly's posts yesterday he said that they put in a stop at $1which I assume is a buy wall so that any asks less than $1 or less would get settled at $1 preventing the sp to fall below $1. The sp, this morning fell to $1 then started moving up. If there's a buy wall there then the only way to bust it down is to overwhelm it with sell orders. If the people who built the

[Harel1976]

Have seen manipulations before results in the past, some times big sharks know how to use the gap to create a sudden fall at the beginning or end of the day to activate stop losses and buy cheap, not sure that is not what happening here as well, but again, to risky for me.. Well see how it plays later today, might end up in the green..

[Dirksidetrack]

Yeah Dragonfly mentioned that about Apache yesterday as well. Stopped 100 feet above TD and waited. People got nervous and sold. Sp dropped. Shares got scooped up cheap. Then they finished the well and announced a big discovery. Sp went up. Same deal here maybe. Only under different circumstances but same dynamic. Playing expectations. Fear and greed. Intetesting day.

[CLOUDER]

dirk, i ALL MOST bought some at $1,   BUT i am in were i`m in now sooo.

[Dirksidetrack]

Yeah no problem man. Hey I have no problems with your investment strategy like others do. Had there been a wall there when you sold then your selling would have had no effect on sp. Maybe if there is a wall there people who want to get out can get out here. I don't know where you can go to see the walls. Day traders have access to figure out what they call the "depth" on bid-ask