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murocman

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murocman

Re: creede post# 709

Sunday, 07/27/2008 11:27:13 AM

Sunday, July 27, 2008 11:27:13 AM

Post# of 1111
Yes...the one in the I-Box. Take a look back in time at the amount of volume and price closes above $0.25. Lacking any news, many of the folks who bought at higher prices may take the opportunity to liquidate their investment at close to breakeven, as they have been holding for some time at a loss.

I know that doen't necessarily make sense when the fundamentals are starting to look up, but it happens ALL the time with all stocks. It's part of the fundamental pyscology of the market. I can't explain it, but you see it on charts, time and time again.

Murocman
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