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S&P 500
5,567.19
(
1.06%
)
US TECH 100
19,828.00
(
0.95%
)
Dow Jones
39,375.87
(
0.17%
)
Brent Oil
86.78
(
0.00%
)
Bitcoin
57,906.35
(
-0.68%
)
Post# of 63744
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banrowaaoversold

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banrowaaoversold

Re: None

Thursday, 08/07/2014 10:15:35 AM

Thursday, August 07, 2014 10:15:35 AM

Post# of 63744
Stock is being held in place while "the deal" is hammered out.

A certain amount of funds during these "deals" is allocated to stabilize the price, hence the trading between the temporary floor of .22 and the temporary ceiling of .23.

Stock may be allowed to stray outside those limits intraday, but will close in between them, until "the deal" is official.

What "The Deal" is, ahhhh that indeed is the question.

We will find out soon.
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