PLE I bought 11,000 at ,65 near the end (TD), 7000 and 4000.
ANON/TD/ 88, and the gang were not going lower "they will never get back the stock they have sold", in fact after selling earlier at .66 and .67, TD and ANON were sitting at .63 and .64 as well a as me, however there were no sellers. I had some "unseen" bids waiting further below in case she did drop another couple of pennies.
I would have to say tomorrow will either be a very low vol day, or we head up a bit, there are many sellers from yesterday and today waiting to get back in, and quite frankly I don't know where the shares will come from, or who ? other than the flippers and MMs would ask .65 cents for the potential reward from this stock ? When supply runs out, or there is a shortage, just like oil or gold or gas, the price goes up.
I am fully loaded, however if anyone is still in the holiday giving mood I have a bit of cash, also a good buddy of mine with $$$ is going over PLE data tonight, he is a shrewd investor, and a bottom fisher, however if he likes what he sees, a lot of stock will disappear over the next little while.
If we are going up a bit, watch for the a move from ANON, they are usually first out the gate, and they will buy as much as they can up to .67 or 68. They will then about face and sell them back to you unless they are taking it higher "which I doubt," so be careful. ANON and TD always have there pre market bids in before 5.01 am to be in front of the line, and in position with their bids and sells, and if you follow them its easy to predict what they are up to.
We are another day closer, remember if you sell even 10000 shares at .64, you would have to line up at the tail end of .63 to get them back, and even if you succeeded, deduct the commission for the 2 way trade. $9.99 each way = $80.02 profit. On the other hand, each time it goes up a penny "and the sky is the limit, you make $100.
Some may try to lower the SP although I don't know why, If people are not selling at .64, why whould they sell for .63, or less ?
Each day a lot of shares are being taken off the table each day, mine are tucked away, I may sell 20,000 around tax time.
Great times ahead, have a good evening,
Cooper