Sunday, August 10, 2008 4:04:48 PM
jds, there are so many potential ways this could play out. we talk about shakeouts, but just the opposite could also occur. if the big boys hold tight and push, they could essentially chase retailers all the way up the chart, accumulating from the bid-whackers, scooping shares up off the ask, and the higher we go the more they would own.
so here's the irony -- just when many retailers might decide "okay, that's it, i'm going to sell the rallies from now on", the PPS could actually hold at the top of the chart instead of retracing. lol
that would be the perfect time for an uplisting to be announced. remember, a certain PPS might need to be held for a given time frame as part of the criteria for uplisting.
you gotta be in it to win it. this is one reason why it makes sense imo to hold a core position and trade the rest on the swings.
so here's the irony -- just when many retailers might decide "okay, that's it, i'm going to sell the rallies from now on", the PPS could actually hold at the top of the chart instead of retracing. lol
that would be the perfect time for an uplisting to be announced. remember, a certain PPS might need to be held for a given time frame as part of the criteria for uplisting.
you gotta be in it to win it. this is one reason why it makes sense imo to hold a core position and trade the rest on the swings.
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