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S&P 500
5,864.67
(
0.40%
)
US TECH 100
19,783.20
(
0.68%
)
Dow Jones
43,275.91
(
0.09%
)
Brent Oil
72.94
(
0.00%
)
Bitcoin
68,098.68
(
-0.47%
)
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Our-Street

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Our-Street

Re: $hellKing post# 43447

Wednesday, 08/16/2006 1:36:48 PM

Wednesday, August 16, 2006 1:36:48 PM

Post# of 169278
I would agree.. my analysis of this is that the only thing supporting this stock is the short covering. Without that, it would really be in the toilet.. usually the last support for a stock like this is the shorts.. they like to buy when no one else wants it. When they are done you have to ask yourself.. who will want to buy the stock then.

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