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I wish the threads didn't get tangled cuz people end up making bad decisions. that's why I don't post anything negative during trading hours--people have to make quick decisions. That thread belongs in GWDL not here. I think this one is good.
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Today's trading was very manipulated. Its not that people were selling off, MM's just kept dropping their bids to let it fall. Definate shorting, but will cover- or did cover beacause of all the bullish attention, they wont want to get burned on this one
quote:Originally posted by drwright68: If news is out on tuesday, then the wait will not be long. i imagine the mm's were verry short with the last 2 days action, they probably covered today.
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Hopefully this can go up steadily to the mid 0.014 before retracement . . . If it goes up slowly, there is less chance of retracement imho.
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The volume over the last two weeks shows this stock has changed hands enough to support .01 nobody wants to sell at a loss now-- so keep cool and see why the jump happened. Remember-- buy on rumor sell on news-- we bought on rumor stay the course.
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