InvestorsHub Logo
Followers 104
Posts 9172
Boards Moderated 1
Alias Born 01/27/2009

Re: jackson227 post# 12214

Tuesday, 06/16/2009 3:06:10 PM

Tuesday, June 16, 2009 3:06:10 PM

Post# of 42851
It will be interesting to see where the mm's try to take this one. If the ruling is delayed or not favorable, mm's could take it lower. Where is a good question. They may not want to take it down too cheap for fear of retail gobbling up too many while they are down there. But who the f knows. I wouldn't put it past them to shake it down there in the $10 to $12 range. That would probably shake some of the holders like Jerle, who's in real cheap and scared to lose any more profits, and shake some who got in too high - peeps who are too leveraged in a high enough position. If there are any gaps to be filled that's where they would fill it. And it might be a quick trip. So anyone looking for cheapies down there might want to have a gtc order ready and waiting if that were to happen.

THERE IS ALWAYS ROOM AT THE TOP!

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.