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Re: reallybadtrader post# 4205

Monday, 02/12/2007 10:31:19 AM

Monday, February 12, 2007 10:31:19 AM

Post# of 9101
I did notice NASDAQ on level II, and actively moving shares also. Maybe it's time for them to cover the naked shorts, but that 10 cent move occured on very light volume. It was only 12-15 thousand shares that moved it up 10 cents, then the 15,000 share chunk when it hit 3.23, which brought it down a couple ticks. If the candle holds above the close price on Friday there should be no further short players coming in here. The candle for today looks like the stock found a temporary bottom. Good upside momentum will hopefully make it a long term reversal point. Profit taking has stopped here it looks like.


Here it is - Right Now. Start thinking about it, and you miss it.

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