Does anyone here notice how the depth changes?
notice how the buy side increases and decreases. Right now the few large buys around 5 cents have been removed and we had a few sells at 5 cents the last few days?
Works very well to entise the last few weak hands to sell on the lows.
Do you really think the 1 million sell at 7.3 is real?? no way, its even been moved up a bit from 7.1 if I recall....
I assume its being kept at 5 just a little longer for the placement. It will be interesting to see if IK places the 400k from directors only or there is a SI in the loop?
sometimes things are not always as they seem....
And if you dont believe me......put yourself in a top holders shoes who is not management. If you had purchased over a million in shares the past few months/years how hard would it be to get the SP back to 10 cents if you wanted?
Would it cost you 50k or 100k? Just remember, if you remove the 1 million sell there is 500 000 MNM for sale...
have the weak had time to sell? I wonder if the register is tighter now than 3 months ago?
Big money is not made when the SP is flying. Big money is made when the weak panic and the daytraders move to the next flavor of the day....
I just thought it was nice to look at it from a different angle,,,most things happen for a reason
dont be sucker punched by the rich
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