Quote:
Originally Posted by gambler2076
Somebody remind me when 30 days from the PR was again?
I might have to go long 100K shares again. Or maybe I already am.
g |
I find it somewhat funny that my entering and exiting my position was probably responsible for fairly significant moves in the stock... lol
For example, when I bought my 125,000 shares on 10/28, right after it hit 50c, I bought the shares up from about 0.515 to 0.54, and then that 100K share buy of mine pretty much put the bottom in the stock, and the rest of the traders followed me.
Similarly, the next day I bought another 25K shares right at 0.55, in order to move the stock through that resistance and then have more buying come in.
When I wanted to sell, and the stock had hit 63c, I basically pounded the bid with 75K shares (bringing it from 0.63 to about 0.61, and then again with 50K shares from 0.61 to 0.58) pretty much breaking the chart for most of the day, until buying resumed that evening.
Next, when I bought my 100K shares today which I started at 0.515 or so, I basically moved the stock up to the 0.54c level, and noticed it stayed pretty much there for the day, until momo came in at the EOD.
When I sell, we should probably have a PR and huge volume day so it won't matter, but if not, and I am selling my 100K shares into a fairly thin market for ETRM, I plan on smacking the bids and changing the chart when I sell as well...
I'll let you guys know when I sell. Or maybe it will be apparent in and of itself...
g
p.s. it's kind of funny, like being a little bit of a bully... What is funny is that usually I am the small fish in a stock, being pushed around by guys moving 1M$ blocks of stock... and I can't fight them... now the tables are turned...
if you guys want to trade against me or put some bids up to absorb my selling, be my guest.
