Last fall as you remember they said on the 3 rd quarter conference call that in first quarter of 2013 that it would be smooth sailing for TNK. We are heading into the third quarter shortly and TNK needs a bilge pump to keep afloat. I would not be surprised if we see this the stock price below $2.00 soon. I would be a buyer at around $1.50. Lets be honest this isn't the Black Pearl. It is more like the Titanic.
Someone is whispering in someones ear. Why was this thing halted for so long? Maybe to call big market makers to let them know what their plans are. Something smells fishy in Denmark. A few shares traded to knock it down and then all this buying. It does not add up my friends it just does not add up!!!!!!
There has got to be some kind of insider news being leaked out on DDD. There is no reason it should be at this level with 250 million being added to the float. This thing is really manipulated. Down to 38.75 yesterday up to 44 today. Come on what a joke. Where will it be tomorrow. 18???
Who the hell knows, Looks like someone just wanted to get out and sold the entire afternoon. What a way to kill a rally. I mean come on give me a break.
All Brookerage firm traders need to have a sell order or a buy order in the mix even if they don't want to buy or sell. That is why you will see very low bids like $.01 and very high asks like $2,000. Does that help?
The MF's are dumping again large blocks of shares at the end of the day to f us all over again
#$%$ Man. Then why is this a dog right now? So much institutional selling. I mean come on one good day yesterday then in slumpsville today. Is Cyprus such a big deal. Give me a break it has the GDP of the Bronx and thats without the Yankees.
It seems that the institutional traders have itchy trigger fingers and just dump this thing by the hundreds of thousands of shares on a single 5 minute candle.
What happens is the sellers dry up a bit waiting for some buyers to come and raise the price. They they dump large blocks of shares and do it all over again.
I guess I'll put my two cents in on this one. It was amazing that DDD could do no wrong just a few weeks ago. the Sun was shining the Grass was Green. Now all of a sudden everyone hates this thing. It rains everyday and the Grass is Dead. I waited for earnings to come out and watched it dive. Today it opened strong. Then the news came out about insider selling. Well I would sell also to make a few million who wouldn't. I am cost averaged at $34.05. I am not happy with the recent decline. Got a Glimpse of maybe a technical support here at $30.60. When it starts to move up again the Sun will be Shining and the Grass will be Green again and everyone will love DDD. Lets be honest XONE is not even close to DDD and it is at $30.60 come on give me a break. Hang in there longs and don't let the bears BS you. This is the future and we are in on it. Remember APPL was a $5.00 stock at one time. Something to think about.