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Alias Born 07/02/2009

Re: Seminole Red post# 2768

Monday, 07/27/2009 10:52:22 AM

Monday, July 27, 2009 10:52:22 AM

Post# of 16651
Its often just a order to trick people into a pre market rush. 100 isnt a serious order size on a 0.18 price now is it? Comissions alone cost 3 times more. Only take premarket and after hours seriously when it is with volume (10s of thousands). Some stock like FAZ and FAS allways have massive premarket volume.

Premarket trading is nearly suicide though, rarely represents reality. Take the initial mesa spike. Up to 0.225 and never reached that again. (will soon though)

Kind have the gut feeling that we might go flat for a day or 2. But with earnings so close I might be wrong. Reason for the feeling is that we must reunite with the 200ma on the hourly chart. That has been the source of the last 2 smaller spikes.

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