Drinks Americas Holdings, Ltd. (DKAM): It was fine actually. Friday was an up d...

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sneaky_peaky

Re: rudytrader22 post# 30616

Monday, 02/16/2009 8:57:01 AM

Monday, February 16, 2009 8:57:01 AM

It was fine actually. Friday was an up day and a great capitulatory turn with lots of buying. There was obviously a deliberate attempt to close it on the bids of the wide spread to prevent it from closing positive. And rightly so. The morons that sold and are flipping spreads cannot afford for it to go back up without them forcing them to buy back higher than they sold. I guess they figure three days of silence will let them back in. Simplest way to solve that. Just take it on up tomorrow without them anyway. The news will take care of itself and they'll be staring in disbelief.

My due diligence and resulting opinions come from 25+ years in the world of trading and investing. Anything I post therefore should be construed as representative of that hard work and effort. Any contrarian viewpoints to my analysis and resulting convict