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llessurK

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llessurK

Re: GuTA post# 1612

Tuesday, 01/13/2015 2:28:29 PM

Tuesday, January 13, 2015 2:28:29 PM

Post# of 4860
Definitely takes some conviction to hold but these kind of wild moves it what transfers money out of the smaller pockets into the deeper ones.

The SMA-200 area would take GILD down to around -10% from the Jan 9th high (where the shorts can no longer press the bid due to the uptick rule) and I bet a lot of money is sitting there waiting to cover or go long again.

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