Post by
atrickpay on Feb 19, 2010 1:06pm
What's with all this selling?
People seem to be really panicking...either this is a good time to buy if people are being overly fearful (a good rule is buy when others are excessively fearful), or their is bad news coming down the pipe and it is not a good time to buy.
Comment by
atrickpay on Feb 19, 2010 1:18pm
Well I just looked at level2. The volume on the ask is staying constant. What is happening is that the people on the ask are just lowering their price...which is causing the price to dip here. It looks to me like 12.5 or 13c will current conditions.
Comment by
atrickpay on Feb 19, 2010 1:20pm
That last line should have read: It looks to me like 12.5 or 13c will be the bottom as things look right now.
Comment by
twosense on Feb 19, 2010 1:34pm
Its just ensider shorting on low volume. he's not making money at the .14-.17 range anymore so he needs to drop s/p further to draw in new blood. he gives u advance notice so i dont know why everyone seems so confused. just dont sell or buy at these levels and that will slow him down.
Comment by
stockdogger on Feb 19, 2010 8:54pm
ensider is still with us making a killing of late? o the shorting game he dose so wel lol did he make another 450k on this short he allways shows up 2 late and leves 2late verry smart gay i mean guy lol ive got him on ignore good luck to all longs im ditching at 42 glta