Monday, July 24, 2006 7:21:41 PM
From Yahoo message board for DESC:
The last 3 trading days averaged 230,714 shares traded for DESC.
2 points-
1) Makes it harder for "boatload" of shorts to buy back their 4,825,109 borrowed shares. (21 days to cover!!, Hardy-har-har,har, HAR!)
2) Last time 3 day avg volume was this low, was June 1st and 2nd of 2005. (I will let you look up the graph to see what happened later that summer)
Okay, 3 points--
3) All this and only 8 days till earnings and conference call means a high possibility of upside volatility coming soon.
Okay 4 points-
One things for sure, shorts are now locked in to their positions through earnings...
and one last point-
If you are long, you should hope for "no news" until cc, to insure max effect from Aug 2nd news "bomb"....
Ka-BOOM!
"NNNNOOO!!!, Ya STUPID RABBIT!! LIKE THIS!!!"
God Bless America!!!
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