Post by
kaiyne on Oct 15, 2009 10:09am
You Fools
I see a pattern, not only with MDG, but with most stocks.
Always in the am after the open.
The stock tries to make a run and hits a hod of .63 then settles at .62 for a rest.
Then "you fools" say to yourself "I want out at the hod" and put up asks at .63
Do you realize what you've done? Really?? There's now 95000 at the ask of .63, where there wasn't before.
Basic economics, people! Supply and Demand.
If I'm a Wal-Mart shopper and I see a display filled with product, I'm stepping back and saying woah, that's going on sale, and I'll buy it later when the price comes down.
Do you see?? You've scared away buyers. And killed a run.
Put your asks up at an exit you're comfortable with and leave it alone.
Any you wonder why it stalls or goes down, pathetic.
Comment by
bravekind on Oct 15, 2009 10:19am
"Who you calling Fool, Fool?"Mr. T.
Comment by
kaiyne on Oct 15, 2009 10:51am
"Whatchu talkin bout, Willis?"LOL, nothing wrong with taking profit, it's just how I see the game being played.Of course, it works in the opposite direction too. bids come piling in at the low of day too.
Comment by
Yellowline1 on Oct 15, 2009 12:39pm
Who cares this is a lt hold imho. They can get a vaccine to the market 6x faster than anyone. How much is that worth? Stop thinking pennies!!!!!!!!!!