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crestronwizard

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crestronwizard

Re: locher post# 13396

Tuesday, 01/20/2015 4:02:57 PM

Tuesday, January 20, 2015 4:02:57 PM

Post# of 51701
News move stocks. The large amount on the ask will disappear with news. This is why a lot of people don't get involved until the stock has moved past to the 3's and up. All the people that bought at 1 just jump on the ask at 2. If news comes though, smart people will pull back their sell order. Hence, what we are seeing is really a fake wall. Sure, they are happy to make 100% at 2 but movement with a reason and all good. Lots of good reasons to be in this stock. Patience will pay off.
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