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S&P 500
5,702.55
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-0.19%
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US TECH 100
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-0.32%
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Post# of 9347
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weazelboy

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weazelboy

Re: Patrick Bateman post# 4032

Tuesday, 01/13/2015 9:12:18 AM

Tuesday, January 13, 2015 9:12:18 AM

Post# of 9347
Again, you can't have it both ways...

Yes, I fully realize we are at/near all-time lows. HOWEVER, the fact remains...there has been a HUGE amount of shares hit the market since early December...and yet the stock remains in the $0.06-$0.09 range.

With the amount of selling that has occurred, this "should" be well below that. Therefore, in spite of what you choose to believe, it IS being absorbed.

I fully understand that at some point soon, it needs to reverse course higher for any of this "absorption" to matter.
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