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Re: None

Friday, 10/24/2014 7:48:26 PM

Friday, October 24, 2014 7:48:26 PM

Post# of 62027
Thoughts on today.

Nice news, that will bring in some revs. I like this one (even though a short shot of Revs) better than the teen thingy. Real reason to buy in this time. Also, if this works, there WILL be more.

PPS shot out of the gate but crashed back a couple of times. Expected it should have been. We have been diluting for months and then fell off a cliff and allowed the traders to load up. Many of them bailed today and did nicely. The MM's tried to keep the run in check and did a pretty good job. Some more of the dilution surely went out the door as well.

The charts pretty much back up most of the action was retail. Note the Accum/Dist fell back sharply after all the loooonnnngggg run up. It was just over the top how many shares were being bought up and held. The indicators are trying to turn in our favor, but the last few days have been pretty chaotic in volume and price swings. Look like this will become Mr. Toads wild ride for a while. The traders will continue to drive the pps at this point.

I will be watching now for how much of the dilution is left on the next Q as well as how the drive for better Revs is going.

Have a great weekend everyone. Get some rest, we may need it Monday morning. (or not....)

I wrestled with reality for years, Doctor, and I'm happy to state, I finally won out over it. (Jimmy Stewart in "Harvey" 1950)