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Re: lionsfan55 post# 10519

Monday, 08/25/2008 1:11:09 PM

Monday, August 25, 2008 1:11:09 PM

Post# of 45773
They broke a penny on average volume,not breakout above average volume, so to stay above it will require news of their proposed merger or major support by the MM's who can bring in another type of investor if they keep it from falling below a penny. There's another type of investor that comes into stocks above ten cents, etc. These ten point level breaks fall into different categories of investors. I see where some CCMJ investors have already started to undercut the ask as some profit takers unload quicker than waiting for the buyers to hit the ask after the penny break. I suspect there will be bid whacking before too long over there. Especially if the merger news gets delayed. Some poster over there spooked the whole crowd when he posted about what looked like insider information and insider nervousness about the proposed merger happening. Rumors are scary and have no good place in the investing world.

Need to stay focused on BCND to keep this from falling into the hands of the trip Z flippers.



JMHO DYODD