Tuesday, April 29, 2014 1:13:39 PM
I am assuming Pando's selling of the shares was simply tax-related, but it sure was an awfully lucrative sale. Wish I had followed his lead.
In the meantime, we can get used to the range-bound peaks and valleys until material news fashions new buyers and a new level of support. Right now flippers are buying 2.20s and selling 2.30s-40s. Shorts are borrowing those 2.40s and covering 2.20s. Rinse, Repeat. New buyers seem either exhausted or non-existent.
Still holding firm with a buy order at 2.17, because sadly with lack of news, I imagine we may see it.
DD is King. Know What You Own.
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