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Re: greggor62 post# 12241

Tuesday, 02/27/2007 7:36:15 PM

Tuesday, February 27, 2007 7:36:15 PM

Post# of 143047
look at the chart man, there is a huge spike in the CMF (chaiken money flow www.stockcharts.com for explanations) That means the money was flowing into the stock, in times of dilution this goes down, because as shares are bought they are being printed so the cash flow net is negative, as long as that stays in the green, the shares are being accumulated. Now if the MM's are selling shares that dont exist, that is another problem that could build a wall. I think the true culprit is people selling that bought in the .000 range and are satisfied locking in a few 100% return.

At least we churned and maintained a higher pps, this day and others like it, could be just what we need to refrain from retracing to lower levels as people sell. if people buy and sell at the ask, we can empty and reload the train and move to the next stop.

Good luck to you!

All in my own Opinion, Not a Recommendation!!! But let's try to make some money!