Wednesday, October 29, 2014 4:53:23 PM
A >10% advance over a few days is often followed by a partial lag and decrease as some chose to take short-term profits.
As the PR wasn't fluffy,.... so your first point is absolutely incorrect here.
The rally here may - or may not - be over here and as additional news continues to come out,.... the next leg upward can begin (and yes - likely followed by another partial retract in shareprice as more sell and take some profits).
In a sense - that pattern you point to as 'rally followed by fizzle' happens in all stocks.
It's called 'trading'.
BTW - we started the week around $3.40-$3.50 / share.
Seems like we are still up at a bit short of 10% for the 3-day period since the announcement on Monday with today's close at $3.85.
Have a nice night though.
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