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Re: NorthShoreTrading post# 5116

Tuesday, 07/29/2014 7:48:03 PM

Tuesday, July 29, 2014 7:48:03 PM

Post# of 20102
Volumes are picking up but the bulk of the trades is still done by investors selling the stock.
Have seen similar patern in the last couple of weeks.More investors selling than buying the stock.
I noticed that the closing price over many sessions in the last couple of weeks painted a fairly colored picture of the trading session. Often a small parcel of 100 shares was bought at the offer price just before the final closing bell ( today 100 shares@0.1494)
Yesterday as well as today reasonable parcels were sold after market ( 50.000 @ .139 today).

Despite all the selling/liquidation there seems to be good support between 13 and 14 cents and my hope is that once the seller(s) are done, we will see a move into the mid 20 s

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R.





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