AI
Friday, August 07, 2009 2:37:38 PM
jamiers74 
This is a classic example of a well coordinated promotion campaign that does exactly what it is intended to do-- it generates retail trading interest, which in turn generates volume, which in turn generates an upward movement in the price.
Aided by forward looking press releases and positive "noise," it allows for Company & 3rd Parties to sell into the news as the "fervor" peaks...
Yellow Dotted vertical lines are the PRs and you can see with only 2 exceptions the selling pressure overcomes the buying interest generated.
IMO here’s what is reflected in TA (see annotated chart):
--CMF and A/C line represent retail buying/sentiment—and you can see the overall trend is down as Retail Buyers begin to lose faith.
--ChiOsc and MFI represent Sellers affect on “normal” trading. They are providing more supply than the demand can handle (MFI) and money momentum is killed (ChiOsc). Notice when the majority of Sellers leave, Retail Buyers return—indicates they like the company/want to support the price but are getting hammered by Sellers.
--Green Boxes show the last 2 “runs” and the results that show downside pressure getting more intense and cycling ChiOsc downward at a quicker pace.
So I believe we are at a crossroad here and it’s the Sellers’ choice to back off and quit trying to tap into the well before it replenishes itself. The unfortunate thing is promotion campaigns are more coordinated on the front end and can easily get chaotic on the back end
Like the company-- looking forward to seeing reported progress in the upcoming 10Q filing -- but bummed out by the current/continuing trading room antics
GLTU
This is a classic example of a well coordinated promotion campaign that does exactly what it is intended to do-- it generates retail trading interest, which in turn generates volume, which in turn generates an upward movement in the price. Aided by forward looking press releases and positive "noise," it allows for Company & 3rd Parties to sell into the news as the "fervor" peaks...
Yellow Dotted vertical lines are the PRs and you can see with only 2 exceptions the selling pressure overcomes the buying interest generated.
IMO here’s what is reflected in TA (see annotated chart):
--CMF and A/C line represent retail buying/sentiment—and you can see the overall trend is down as Retail Buyers begin to lose faith.
--ChiOsc and MFI represent Sellers affect on “normal” trading. They are providing more supply than the demand can handle (MFI) and money momentum is killed (ChiOsc). Notice when the majority of Sellers leave, Retail Buyers return—indicates they like the company/want to support the price but are getting hammered by Sellers.
--Green Boxes show the last 2 “runs” and the results that show downside pressure getting more intense and cycling ChiOsc downward at a quicker pace.
So I believe we are at a crossroad here and it’s the Sellers’ choice to back off and quit trying to tap into the well before it replenishes itself. The unfortunate thing is promotion campaigns are more coordinated on the front end and can easily get chaotic on the back end
Like the company-- looking forward to seeing reported progress in the upcoming 10Q filing -- but bummed out by the current/continuing trading room antics
GLTU
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