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Re: ScubaTrader28 post# 14645

Tuesday, 05/13/2014 8:53:52 AM

Tuesday, May 13, 2014 8:53:52 AM

Post# of 43778
This will only happen if people wait to hit the bid during the last two hours of the trading day.

We have a lot of momentum at the start of each day 15%-30% spikes each day on average. However as the day continues, the momentum slows, then profit takers (the same guys all the time), hack away at it, then shorters come in for the kill by EOD.

Let's fight back guys! Let's start slow and end strong. At worst profit takers might do a sell off the next morning, that's when we come in and pick up the cheap shares, destroying the cycle.

Here is the logical path I see this can take if we implement that strategy.

-Shorters/bashers will go away, as the risk would be to high. End of day push everyday would be scary for them.

-The price is currently run by profit takers, we remove their power by not giving them anything to take throughout the day. This will break the cycle, and keep shares in the hands of longs.

Why is this so important? To attract more investors. If people are confident that this stock is on a steady uptrend to unknown high levels (yes I said unknown), new investors will come.

SLNX
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y