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Re: bucks2pennies post# 2259

Friday, 01/31/2014 4:56:16 PM

Friday, January 31, 2014 4:56:16 PM

Post# of 2395
I think the mojo has weakened. These substantial gains, IMO, can not be maintained with the most recent news releases. I suspect the real float has shrunk with many of the shares being bought now rest in the hands of longs with the will to hold on given the future prospects.

Still, trade it will. Too much profit in that spring to have it outstretched so much. Come next week, I do not see the willingness to buy more unless the price is reduced. Will it stay above 20? Doubt it.

That knee-jerk reaction aside, longs should rest assured that the pps will not return to previous lows and the downturn will only last until more positive DD/PRs are released...and they will.
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