Friday, April 18, 2014 3:01:16 AM
SFMI - Convertible note bounce play.
STBV/TLNUF/MELY same play. WAFR was the only one I saw that didn't bounce off it's note... and that's because they diluted ALOT into the 6s-7s with no breathing going on. Should see a spike in accum from this level next week and at this phase in the conversion it may consolidate at the conversion level vice bouncing straight off it like the last 2 times.
Will be trying to add Monday if I can get online :)
*EDIT* looking for about 70-90mil volume before it breathes again
STBV/TLNUF/MELY same play. WAFR was the only one I saw that didn't bounce off it's note... and that's because they diluted ALOT into the 6s-7s with no breathing going on. Should see a spike in accum from this level next week and at this phase in the conversion it may consolidate at the conversion level vice bouncing straight off it like the last 2 times.
Will be trying to add Monday if I can get online :)
*EDIT* looking for about 70-90mil volume before it breathes again
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