posted
Yea it opened at 4.95 and ran up to 5.50 and then downhill from there - different this go as we had news during the day. The last go was just to much of a gap.
-------------------- ......in Psychiatry circles it's known as a "warning sign" Posts: 1736 | From: Saint Louis | Registered: Jul 2005
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posted
by looking at the L2's my guess is we see a small retrace at open, then a steady climb mid-morning through mid-afternoon, then a sell off EOD. That's my guess anyway, but if your here for the long term this is a definite winner!
-------------------- Success is having the time and money to enjoy all of life's wonders... Posts: 2083 | Registered: Nov 2005
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posted
The news from yesterday has been played out when it went to $5.15 yesterday. Now the "sell on news" crowd is here. Could be a good entry point below $4.00.
Jo
Edited to add: Well, darn as soon as I mentioned trying to get in below $4, it reversed from $4.02 to $4.16
I have that kind of effect on stocks.
-------------------- "Great Day for Up!"....Dr. Seuss Posts: 3387 | Registered: Mar 2006
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posted
WTF why can't stuff just stay up..... this stock fell hard after a run in the past too..... I still think it should close over $4 if not that's a bad sign
damn it and it's a friday before holiday coming up... that's never good
Posts: 1835 | From: Boston, MA | Registered: Sep 2004
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posted
I think there's a pretty good possibility that this one settles in the low-to-mid 3's. Looking at yesterday's candle, there was a lot of trading action all the way up the candle, so there's still profit-taking that could be going on, as well as loss-cutting as well. I guess we'll see what happens.
-------------------- "Entrepreneurship is the last refuge of the trouble making individual."
posted
CURRENT PRICE 4.08, at resistance, 4 ± 0.16, type double, strength 10
RESISTANCE ABOVE None.
SUPPORT BELOW -11% at 3.63 ± 0.14, type single, strength 2 -18.9% at 3.31 ± 0.13, type double, strength 10 -32.4% at 2.76 ± 0.11, type single, strength 3 -54.9% at 1.84 ± 0.07, type single, strength 3 -62.3% at 1.54 ± 0.06, type single, strength 5 -67.4% at 1.33 ± 0.05, type triple, strength 4 -70.3% at 1.21 ± 0.05, type single, strength 2 -72.5% at 1.12 ± 0.04, type double, strength 2 -74.8% at 1.03 ± 0.04, type triple, strength 4
Posts: 1835 | From: Boston, MA | Registered: Sep 2004
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quote:Originally posted by Livinonklendathu: IMO they are selling into the runs - look at the filings / S-3 dates and the dates the news has been released and you will have your answer.
posted
Actually, shorts covering positions provide nice little cushion spots for stocks that are dropping. It's when there are no short positions that buy to cover with profit that a stock can just plummet.
-------------------- "Entrepreneurship is the last refuge of the trouble making individual."
posted
It's not shorts, its people cashing in and the company diluting.. that is what makes this stock a flipper but not an investment yet. Sell it on the run, and then reload for the next PR.
-------------------- Stick with Repo's plan in '07 - FRPT/DKAM! Posts: 6379 | From: PA | Registered: Dec 2004
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posted
I still think shorting should be illegal How dare they sell something they don't own and exacerbate a drop..... keep it simple buy or sell
Posts: 1835 | From: Boston, MA | Registered: Sep 2004
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posted
Come on, the Dec 1 S3 is only 500,000 shares.... that's a tiny amount
quote:Originally posted by Repoman75:
quote:Originally posted by Livinonklendathu: IMO they are selling into the runs - look at the filings / S-3 dates and the dates the news has been released and you will have your answer.
You're talking about naked shorting, I think. There's a difference. In a true short, two parties are involved, just like in a buy. The person who loans the stock to the short seller (usually a broker) has to own the stock before they can loan it. So shorting is no more unethical than buying. You're just purchasing the right from an owner of the stock to sell them the stock at a given price. If the price moves against you, the person who loaned you the stock makes money, and if it moves for you, you make money. It's a simple proposition, and it's not unethical at all.
-------------------- "Entrepreneurship is the last refuge of the trouble making individual."
posted
As Woodsy Owl says.... give a hoot! Don't dillute! and they are not no other board even brings it up.... they all can't be dumb
Posts: 1835 | From: Boston, MA | Registered: Sep 2004
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posted
I just don't see the difference between buying a stock when you think the stock price will rise, and shorting the stock when you think it will go down.
-------------------- "Entrepreneurship is the last refuge of the trouble making individual."
posted
mmmmmm it feels wrong cause u don't own it.... lets say a stock shoots up like this one..... cause people buy it.... it should only drop cause those SAME people sell it, not cause a bunch of clown shorts come in and say "it's too high" it's basically shorts borrowing the shares people just bought and selling them out from under you.... selling your own shares practically!
Posts: 1835 | From: Boston, MA | Registered: Sep 2004
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posted
What's the difference between a chart reader looking at a chart and making a long decision based upon his belief that the stock's price will rise, and the same chart reader looking at a chart and making a decision based on his belief that the price will fall?
-------------------- "Entrepreneurship is the last refuge of the trouble making individual."
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