AI
Tuesday, March 22, 2011 12:59:29 AM
putjay - you had a great call on EGOH right before she popped back up for a quick 200%+ on a chart call. what do you think of PGIE? massive volume today which makes me hesitate - but didnt really wipe out the bid.... anyway - considering taking a starter position this week. was reviewing some similar chart plays that have happened over the past month or two and reviewing the boards and what was happening at the time with PRs etc to draw similarities or flag issues that may cripple a chart play. saw you take up a position the day the reversal happened and just thought Id try and get your input if you have a moment.
thanks!
*edit/addition: just looked at OTOW. It had a massive volume day just like PGIE the day before it began its reversal. it dropped a little more than PGIE did today but still seemed to churn the shares to set up the move north... also the chart looks a little different but same concept - pumped up high, dropped most of its market value, then resumed up like EGOH did for a quick pump...
your EGOH play
PGIE chart set up
thanks!
*edit/addition: just looked at OTOW. It had a massive volume day just like PGIE the day before it began its reversal. it dropped a little more than PGIE did today but still seemed to churn the shares to set up the move north... also the chart looks a little different but same concept - pumped up high, dropped most of its market value, then resumed up like EGOH did for a quick pump...
your EGOH play
PGIE chart set up
Information provided in posts is for entertainment purposes only and should not be considered investment advice. I may or may not own any or all of the securities mentioned in any post.
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