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Re: 123tom post# 4413

Tuesday, 08/15/2017 2:41:44 AM

Tuesday, August 15, 2017 2:41:44 AM

Post# of 11291
You have all the logic of the moves nailed down and you are correct most of the time. I just sense that there is too much partner/buyout anticipation. Regarding this move, I really expect to finish around 5.90 by end of week with a big push coming on Friday afternoon in anticipation of news on Monday. We always seem to bounce up on Friday's. I think we will start to see block trades happen more frequently.

I sense power behind the moves this week. Shorts covering? Tutes adding? New tutes initiating? Retail jumping in and adding? I believe Friday's news added wind to the fire brewing.

Any pull back will be brief and followed with stronger buys. It seem that way today and I hope it will continue.

I'm long and fully invested so I have no option then to be unrealistically optimistic! Thanks for keeping it real!!

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