Valiant Eagle Inc (PSRU)

[Scoutmaster]

This action here this AM is being HIGHLY manipulated. There is serious selling pressure to keep this down under the SMA's. One way you can tell that this is a conserted effort is the way these trades are being 'washed' by other MM's. If you look at the Bid/Asks and say they are .0110/.0115 and there is several million shares traded.... THEN we see that about the same number is 'washed' @ .0105 when the Bid is still .0110. This tells me that the MM's have already predetermined where they want this to go.

As I look now we are in the mid .009's. Little doubt about it to me.

The 'support' is now the .0086 level which is the 50 SMA for the hour.

the higher, but minor support is the .0093 level which we just touched. I am thinking they are going to keep it down here for a while... makes no sense now if they do not 'flatten out' the SMA's. In the long run this could be very healthy.

Look for the test of the .0086 areas and the swaping from the 'weak hands'... as some have called it.

If you are positive on PSRU, then the .0093 to .0086 is an adding zone in my opinion and not a unloading zone.

All my opinion though.

SM