RE:RE:Pivotal news. All positive. No one cares.Yes, 20M is a crock. Obviously it only takes 500k to 1M bids/asks to move the sp around. We've been seeing TD do that for weeks. Why are they doing it? Is it just to get some cheap paper locked into profits while markets are getting too frothy? Is it simply manipulation to try to load up on more cheap shares? Or is there some other reason for TD's moves? Who knows. Take advantage of the dips and sell some on the moves up. Maybe build a little position in it. You'll probably do ok if the company can execute on the mid and long term goals.
One thing I've noticed as a miniscule day trader is that if you toss around 100k of shares on the bid or ask in front of the direction TD is moving it, they tend to back off and reverse directions instead of blowing through it. Maybe that goes against the manipulator theory as that is a really small hurdle for someone tossing around the size of bids/asks that these guys are using. I find it hard to imagine them as good manipulators when they seem to panic when $6k worth of shares gets in their way. That leaves me as confused as can be about what is really going on here.
FWIW, I do agree about 5.5 on Friday. If I'm wrong, who knows, maybe it closes the week at 7.5 instead. The direction changes have just been that wacky.
Snickel wrote: And BTW ifthen.............that 20M number per penny is a total crock of shiat.
Bids and asks are a fluid thing and can quickly change, everyone knows that.
And that 20M number is something you just pulled out of your azz.
Go look at the CSE and depth chart before making a dumb statement like that one was. Paper burden is actually far less than the float would suggest considering the very large insider holdings here....something to consider eh!
Peace..... Snickel
ifthenelse wrote: Best news in months. The burden of paper PKK carry on their shoulder is too enormous. No one trust anything about PKK. Or is it just dog day of summer? PKK need to have 20 million in volume to go up a penny. I have raise my target for Friday from 3 cents to 5.5 cents. Depressing stock.