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WLM building slowly the past week, short cover, move back over $1 with higher if they win the lawsuit against Eastman Chemical.
-------------------- All posts are my own opinion. Always do your own research before buying or selling. Posts: 20 | Registered: Jan 2006
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still is bearish, waiting for good news now. Price and moving averages has closed below its Short time moving average.Short time moving average is currently below mid-time; AND below long time moving averages.The relationship between price and moving averages is: bearish in short-term; and bearish in mid-long term. http://www.stoxline.com/quote.php?s=wlmPosts: 3 | Registered: Nov 2007
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Moved well from fridays close into this morning. Looking for a move up towards eod.
-------------------- All posts are my own opinion. Always do your own research before buying or selling. Posts: 20 | Registered: Jan 2006
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posted
WLM hanging tight around the .40 area, looking for that break over .44 near term with a move over .50 shortly there after.
-------------------- All posts are my own opinion. Always do your own research before buying or selling. Posts: 20 | Registered: Jan 2006
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Well I was expecting a stock div but it might not be a bad thing after all . I think its more responsible for the company to get their finances in shape for the long term of the company instead of throwing the stock holders a little bone and put them further in the hole .
-------------------- ----- Game Over ----- Posts: 1536 | From: San Antonio - Texas | Registered: Oct 2006
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Yup, that news wasn't great, but not unexpected either. As thesource said, company needs to focus on keeping the doors open
-------------------- All posts are my own opinion. Always do your own research before buying or selling. Posts: 20 | Registered: Jan 2006
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quote:Originally posted by wdcisco: got out at .44
Probably should have done the same thing .
I bought in at .44 and bought more at .35 and .40. The chart is starting to shape up for a move higher imo. Been hearing some good talk on this one.
Posts: 567 | Registered: Jan 2006
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quote:Originally posted by thesource: What the hell is up with this thing ? I'm seeing spikes of $1.00 and $.54 but its like a fat finger hit or something ........
Its the big boys testing prices. Thats what the professionals do before investing a lot of money. WLM wants to keep listed on NYSE, so they'll have to be above $1.
Posts: 567 | Registered: Jan 2006
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quote:Originally posted by thesource: What the hell is up with this thing ? I'm seeing spikes of $1.00 and $.54 but its like a fat finger hit or something ........
Its the big boys testing prices. Thats what the professionals do before investing a lot of money. WLM wants to keep listed on NYSE, so they'll have to be above $1.
I'm sorry but i have to laugh at this response. that makes no sense what so ever.
Posts: 1045 | From: novato,ca,usa | Registered: Aug 2003
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testing is used all the time in trading , look at the Wyckoff method for example. There was a buy at 0.96 64600 NDD 11:02:44 on WLM. That is a test imo. Still clueless?
Posts: 567 | Registered: Jan 2006
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quote:Originally posted by dacollecter: testing is used all the time in trading , look at the Wyckoff method for example. There was a buy at 0.96 64600 NDD 11:02:44 on WLM. That is a test imo. Still clueless?
that was a fat finger and looks like it was taken off the tape. and wyckoffs tests are technical not "buy 10,000 and see what happens. you can google his list of buy and sell tests.
Posts: 1045 | From: novato,ca,usa | Registered: Aug 2003
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Damn it runs for a little while and then back down she goes ... I should be flipping this but Eturd is charging me $27.99 in and out instead of $12.99 like usual .
-------------------- ----- Game Over ----- Posts: 1536 | From: San Antonio - Texas | Registered: Oct 2006
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