News Focus
News Focus
Followers 0
Posts 1467
Boards Moderated 0
Alias Born 06/23/2006

Re: hopfull post# 9518

Sunday, 07/23/2006 9:19:36 PM

Sunday, July 23, 2006 9:19:36 PM

Post# of 169298
Again, I'm just going by past performance, but the DTs like to make their 35-50%.

Think about last Monday. The Friday before the weekend, the stock had risen ever so slightly from the .15c low, and was hanging out around .22. Over the weekend, everyone all over the internet was discussing the details of the merger, and it was a collective "holymotherofgod" moment. That Monday, the stock started running, and ran up over .50c. Then in the afternoon it rolled back. The day it ran up to $1.50, it rolled back nearly 50c in the afternoon. Thursday it ran up to $1.57, and rolled back nearly .50 cents again.

I would think the Daytraders are now used to getting almost 50% from their trade on FHAL, and that may be what they're hoping for again.

Just a thought.


_________________________________________________________
If you take anything I say as advice, then you're crazier than I am

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today