what's your take on this:
Posted by: philghunt
In reply to: None Date:11/13/2007 4:40:17 PM
Post #of 36665
ok, here it is, simple to understand.... On Sept 28, 2007 ECFL had accumaltion of shares for a total of -431 million.. (YES< NEGATIVE)
As of yesterday, that # became -3.1 mil and today closed with +25.2 mil accumulated. That PR was released right at the perfect moment today to move us into positive accumulation meaning now there are more longs than flippers. We gotta hold it of course by continuing to get more longs than flippers. We could go negative again with just a small sell off, but we've been riding the zero line for about a week, but today took us 25 mil past it.
Now, this means that PPS will auto rise because there will be less shares available.... the supply just got greater than the demand. Let's keep it that way.
Don't take my advice, I'm just a poor Pastor with a Zecco account
