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Re: december post# 623

Monday, 03/19/2007 3:27:04 PM

Monday, March 19, 2007 3:27:04 PM

Post# of 2996
Don't worry. This was classic buy on rumor and sell on news, without internalizing the news. The people who sell on news are traders who use that strategy regardless of the depth of the news. The key here is that this company is on the move with it's science and that is worth $$$'s. I had posed the possibility of this being a $1 in the short term and I don't rule that out even with today's predictable drop. The mm's are short and they are taking out stop loss orders right now. That is why they are keeping the ask elevated and move it up on a mere 5k or 6k buy.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y