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Dow Jones is going Down now and NDOL is heading back up.
Coincidence??????
quote:Originally posted by Baxt06: Yes Doni...coincidence.
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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I guess weirder things have happened, but I don't see a correlation. I haven't done my beta coefficient study though...
Posts: 1053 | Registered: Mar 2006
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I got a few hundred more at .58. Today will probably be the worst day of the week. Too much potential for this for it to stay down. Lots of people made a quick buck yesterday and they don't want to see any drop at all, but most of us know whats about to happen and we can weather this small storm. .58 is a huge deal for this stock. By Friday we'll be singing again.
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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Bush Orders Probe Into Gas Price Cheating AP - 31 minutes ago WASHINGTON - President Bush, under pressure to do something about gasoline prices that are expected to stay high through the summer, has ordered an investigation into possible cheating in the markets. During the last few days, Bush asked his Energy and Justice departments to open inquiries into whether the price of gasoline has been illegally manipulated, said White House press secretary Scott McClellan. Bush planned to announce the action Tuesday during a speech in Washington.
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Nice move Rocked, you beat the PR. When that baby comes out we'll watch this thing fly.
quote:Originally posted by rocked: lol i got out yesterday and just loaded back up at .57
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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nothing to worry about here, loading up more at this dip...wait untill the pr comes out and we are closer and closer... i think tomorrow we get the pr about the buyout
Posts: 1065 | From: switzerland | Registered: Mar 2005
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Routine government procedure, just so the public thinks they're doing something about it. I have'nt ever seen it go down because of that.
Posts: 4245 | From: SMALLVILLE USA | Registered: May 2004
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Yeah but we all have to hope the PR is good,like moving up on the OTCC,the buyout.Remember both could go the other way,but lets hope not.
Posts: 249 | From: NY | Registered: Mar 2006
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Looks like the MM's got most of the weaks out. No trades going through now.
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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MM's control the price Mickey. If they want more shares of this they will walk it down a bit and watch as the shareholders panic and sell their shares. Then they can accumulate them in time to make money off the PR's.
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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People are expecting the PR's to be released in the morning. For that reason I see a good afternoon coming up. Whether we get back to the open, I don't know. Certainly possible.
Posts: 1053 | Registered: Mar 2006
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PR is not a definite,just assumption unless you know something everyones else does not know.
Posts: 249 | From: NY | Registered: Mar 2006
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i have seen stocks go down seriously the day or days before a pr is released so in the case of ndol i will never sell because you can miss the boat...buying more at this dip is my strategy and i wait untill i know more about the buyout offer which is the best strategy to play this stock imo...
Posts: 1065 | From: switzerland | Registered: Mar 2005
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quote:Originally posted by Baxt06: People are expecting the PR's to be released in the morning. For that reason I see a good afternoon coming up. Whether we get back to the open, I don't know. Certainly possible.
Baxt, I have the same thinking.
The large number of sells this morning were most likely those who bought late yesterday hoping for a PR this morning. We may see some additional buying pressure this afternoon, but I think we will be lucky if it gets close to yesterdays close.
I'm just happy to be ahead at this point. I got in very high last week and, even with the drop today, I am still in the green. I envy those of you are in very low
Posts: 807 | From: Upstate NY | Registered: Dec 2005
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Uptick, right on schedule - 10:45 reversal maybe.
Yeah, a good afternoon coming, I think we close above .60, maybe not back up to .67. As we get closer to Friday that buying pressure is going to build as well (assuming now news before then), so I think we'll see far less sell off in the morning to come.
Posts: 1053 | Registered: Mar 2006
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