SUN Sports & Entertainment Inc (SUNR)

[hmp660]

I agree with you futures..The million or so shares that went through before the close were almost certainly buys. My OBV, RSI, and CCI spiked like crazy when it happened even though the trades were mostly zero-plus ticks. This was more of the same..someone getting their shares at the price they wanted them. Of course, there is no certain way to know for sure but, based on what we have seen in the past several weeks I believe we can be reasonably certain as to what today's late volume was all about. In any other stock that much volume coming through in that amount of time would have either crashed the stock through the basement or shot it through the roof. The pps per share didn't change a bit!! What does that tell you? I know what it tells me...more manipulation. But, on a more positive note...especially for those chartists out there..A bearish spinning top developed on the chart today..not a good thing, except for this stock....on 07/09/07 SSPE opened at .047 and closed at .045 with a low of .041 and volume of 966,326.(bearish spinning top) The next day, 07/10...SSPE opened at .05 and closed at .079 with again a low of .041 on volume of 3.7 million. My point is that this stock rarely follows 'traditional' market logic and behavior. Sometimes it does and sometimes it doesn't.It truly is it's own beast and marches to it's own drum. I think that's why I love this stock so much. I love knowing that every day I can be surprised. In any case, watch this one veeeeeeeeery carefully tomorrow and the next day. Today's abnormal activity was a prelude to something. I believe that something is gonna be good due to the fact that the volume occurred on down and zero plus ticks and nothing happened to the pps to the up or the downside. I don't know about y'all (NC,sorry) but, that hits me like a sledgehammer in the head. Stay alert and GLTA!
-Dave-