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Re: MerlinA post# 34410

Wednesday, 07/22/2009 11:28:18 AM

Wednesday, July 22, 2009 11:28:18 AM

Post# of 112711
I suppose. But "lighter" volume and then "higher" volume are fine. Basically "no" volume is not good.

The whole key in the pinks is momentum. A dead stand still is the exact opposite of what we want here.

Waiting on the ticker change is probably a bad thing at this point. If it was close, then waiting a few days would have been good. But waiting this long has killed all interest and momentum.

We are back to square one.

The concert news did nothing. The ticket sales are lame. The news yesterday was ignored. Why? Because the perception is that nothing is happening and that people have decided that it is not worth messing with until a ticker change comes. THEN when the ticker change comes, will there be new momentum? Not if everyone has forgotten about it, and in the pinks it takes about 9 seconds to forget about a stock and move to the next.

There is a handful of people who believe "This is not a typical pink" and they will be here, but they already tapped themselves out on buying most likely, so they can't add to the volume you need to grow.

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