Channeling Stocks

[sludgehound]

ITDJ hmm & state of whatsup?

Yeah ITDJ sure trades funny! Guess it will run when it runs, lol

Some old timers are getting shelled in bad way. I've seen strange price action past 6 months. Where things that used to go below $1 in '90s would spring right back up to $2-3
Now they just hang there or collapse.
BCON, now IIP VRA GOAM etc.
There's just been rotation out & none in. Holders get bored as hell, trail out..so thing just declines of its own weight.
Spikes up .10 met by double downs getting 'even'.
I once rode IIP as INAP to 0.18/0.15 from .75 after was 1.25
but the base took like 6 months to overcome sellers at 0.30
Traded fast 0.15 moves back on NSC. Amex is dif. Has long bases like in AAC but runs up are faster.
I'm thinking MMs kicking these hard to form a bounce base in hopes of generating trading comm$ and retail action.
We see. later, still fuzzy.