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Re: commoncentsinvestor post# 11264

Wednesday, 09/17/2014 7:09:40 PM

Wednesday, September 17, 2014 7:09:40 PM

Post# of 48138
Pete, my two cents.

A stock in a downtrend..... successively lower bids over days gradually increasing in size until you have filled your quota. Save some for when the stock turns around and buy the last quantity but the passive approach is much less likely to work then.

In an uptrend get aggressive as the other buyers will be. Today may have marked the turnaround for ANY. Maybe not. However it is abundantly clear that this stock moves in mega-increments if buyers are present and serious. Tomorrow may be educational.... do buyers turn up two days in a row? Was there enough powder placed today to agitate the concerned shorts and/or activate long buyers out of their slumber?

My take. It will not be possible to buy in quantity under $6.50. And the least buying pressure will have this at $8.00 and flying once the shorts cram toward the exits. So get your a** in gear and don't be worried about buying at the ask. What will be more important at $15....quantity of buys or brilliance of buys. How brilliant is it when the train leaves the station and your baggage remains on the platform.
Volume:
Day Range:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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