Thursday, May 08, 2014 2:38:59 PM
If we had a tick up per PR, we'd be trading in pennies, (j/k), but close enough. The ask is constantly being suffocated. Someone is of coarse purposely holding the price down. Most WNTR longs have continued to buy, low , and high, but are mostly full, and tired of the manipulation.
The charts a few days ago were poised for a breakout. After the news on 5/06/14 , nothing was stopping us from reaching .008 , nothing of coarse but the magic wall that was put up all of a sudden to stop it. Since we have a history here of doing exactly what is going on now, the momentum stops, because buyers become apprehensive.
We have had enough news that we should be closing at the least up 1 tick a day. I suspect that sooner or later , the whales will step in and knock down the walls blocking us , or there will be a share repurchase around this level to weed out this shenanigans.
Surely there is a plan in place if we are to be up listed. Its a game now to see who's going to hold, and who will fold. It is a pinky, so I guess play it how you play it. Trend is your friend, just proceed with caution. I'll be here ,and that's why I don't watch WNTR on a daily basis. However, I think I speak for a few when I say to see us traveling in this direction, is because of a few, and is a little frustrating to say the least.
GLTA!
All my opinions are just that, opinions.
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