InvestorsHub Logo
Followers 337
Posts 38969
Boards Moderated 2
Alias Born 06/22/2006

Re: AlgoTrader post# 37579

Wednesday, 01/30/2008 10:55:08 PM

Wednesday, January 30, 2008 10:55:08 PM

Post# of 137667
great analysis.....we knew we would be getting update...before the PR....because IR said update this week...last week.....what we didnt know was the insane amount of contract...80 MILLION......all the swing traders loaded up last week....and sold into some very strong news......looks like daytraders bought a bunch today near the low of day.....and will want to get 40%....

We will continue this stairstep up to our proper value....

up 50% down 20% up 35% down 15% and so on til we get proper current value....

only thing about flipping is when the next contract come....many will be left behind...or forced to start a new flip position MUCH HIGHER