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Re: IIIverson post# 2223

Thursday, 02/05/2015 2:32:01 PM

Thursday, February 05, 2015 2:32:01 PM

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It's probably the company with its buyback shares. I have been posting for some time that they should defend the moving averages under the 200 MA as they contain the high volume LMT sale day and these currently peak at $2.80 i.e. 171-177 MA. The stock floats easily enough above these moving averages and this will allow consolidation and strengthening of these supporting moving averages. This is a good long term buyback strategy using TA to aid the stock price support.
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