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Re: smartmoney77 post# 5813

Friday, 01/26/2007 11:13:06 AM

Friday, January 26, 2007 11:13:06 AM

Post# of 17133
Good read, smartmoney...

The pop today on low volume IMO shows that the float is still VERY tight.

I wouldn't get your hopes up until you see some better and sustained upside volume. If this is just a little headfake, then .015 is still in play, and possibly .01 if things get real ugly (don't think THAT will happen, but I will be buying big if it does provided the drop is not accompanied by huge volume and/or bad news.)

Float may be a little higher now, maybe as much as 120 million. But, as indicated by the Money Flow, I think most of that has been gobbled up.

This is starting to get interesting now.

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