Using level II, an experienced person who may also have skills to chart.... can see the action on the level II platform... using real time charting he/she can also measure the effect of the the level II pricing action in regards to the selling. I'm not kidding... it's not un-like riding a bike, but it is more time consuming to develop the skill ,and is shrouded in mystery.
Selling is made up of two basic concerns.
1) Insiders or institutional professional levels.................... (large distribution)
2) Retail investors of the non professional persuasion........(small distribution)
Insiders may have an ability to start up a company, take it to the market, issue options and PP with warrants attached... but at that point it has been my experience (observing penny plays with the associated volume in buying if left unchecked by equal selling) that few have the skill on an individual basis to maximize the price at which they can exercise options and warrants and still keep shareholder value to the maximum relative to the need for the money to expand, and do business, and grow without damaging their reputation. If they could successfully manage the exercise of the options and warrants pegged to the pulse of the share appreciation... it would make a better environment for share holders and insiders alike. IMOP.
Unfortunately... I'm unemployed in that area of consultation. If I had the power to manipulate the selling (and I don't) I would instruct the institutional traders to show more patience, and let the retail speculators do their job. This instruction would be based on the perception of ambient charting indication... However I'm sure the truth would hurt in some cases as to the effectiveness of the promotion and level of credibility which profoundly effects the charting indications... No bout a doubt it. if you get pegged as a pump and dump your float has a better chance of moving in to the 100's of millions... even legitimate small caps may take years of share issue to grow without the cross to bear of pump and dump. However, if that is what makes the insiders plan of action... a course of action to be nothing but pump and dump... then the truth will be played out as MASS distribution.... you can see it... poor share price appreciation... issues with even good resources can be victim of poor skills in the exercising of insider advantages. If you see poor performance... there is a reason.
AT this point I see no adverse distribution in the level II platform, and real time charting associated with LAQ... it appears that the trading occurring is made up of retail traders, as such the supply washes out over time... the price advances.... if there is any insider sales amongst the mix... as long as they are discretionary and conservative at this point, the retail trading is starting to take on a voluminous measure.
Without interference on the sell side, (interference on the buy side... a different story) bidding could take this to a dollar or more, of course that is a function of end credibility, and value of the NR's and resources.
Speculation in small caps..... Gorilla style!
When you see the bid side get to 300 k and hold, it is a reasonable measure of progress to move to the next level if you're a new shareholder. I have seen as long as 6 months and as little as 1 to 3months to produce a 3 bagger from under .10 cents... if the selling conditions are right. In this case a bit of visible Level II weakness in the asks is present for two levels up... and that equals bull bait.
GLTA Lostoutwest
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