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Re: knoxlube post# 6938

Tuesday, 02/05/2019 4:52:58 PM

Tuesday, February 05, 2019 4:52:58 PM

Post# of 7747
So I overanalyzing sometimes, and a lot of times it means nothing.....but for being a notoriously shorted stock over the years with Penny stock type volatility, CYTR has been a steady Eddy as far as I can see. Over the past 10 trading days the average close is .57679. The highest close during this time was only 4% from the average and the lowest close was only 4% from the average. The past 20 trading days has been at an average of .58178. Once again, the highest close was also only 4% over this average and the lowest close was only 4.95%. After seeing 2 days in a row now, what appears to be a false floor, it leads me to believe that 1. They don't want it dropping out of the this general area and 2. Due to no book mark for a ceiling, they don't care if it rises, or more likely, don't think it will raise. Could be another indicator (possibly) of a quiet period which is primarily used to try and keep a consistent PPS until whatever news the quiet period is for is released.
We can all hope anyway! All just my opinions and I am no professional. Good luck to all. Also, sorry if my rambling makes no sense!