InvestorsHub Logo
Followers 1
Posts 241
Boards Moderated 0
Alias Born 06/12/2007

Re: hunter_gatherer post# 3576

Saturday, 07/14/2007 5:36:23 PM

Saturday, July 14, 2007 5:36:23 PM

Post# of 16989
hard to tell cause it keeps dropping lower then i expected ! not many shorts on it so very few are betting it will drop lower, but they also have no buy back positions that could generate momentum on an upsurge as they ran to cover. so i think we are left, barring storm season, with a ton of folks who got in real cheap over the winter so there is a lot of sell pressure constantly applied. it will take a major storm to overcome inertia i think.