It seems ...
posted on
Nov 09, 2015 12:43PM
that there is still some sort of concerted effort to keep this share price in check. Anonymous (001) is the house that usually puts up 100 shares to buy or sell, trying to influence the share price that retail investors are looking at. If the bid/ask from retail investors is in the range the market maker wants to see, then they keep out of it, but if it shoots up too quickly, they seem to squash the "exuberance" very quickly.
That's why I'm thinking we dropped from 2.50+ back to the 2.10-2.20 range. There is certainly interest out there, but someone doesn't want to put this little company on everyone's radar too soon, at least not until they have time to pick up the shares they are trying to accumulate.
I'm fine with a slow and steady increase on a daily basis. Give me 10% a day for a few weeks and we'll all be doing very nicely.
I know many of us trade a certain portion of our holdings on a short term basis, but don't give them away too cheaply. There are too many catalysts telling us that this is just the beginning of something good.
masila