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Re: Cryptics post# 12625

Tuesday, 08/18/2009 10:48:34 AM

Tuesday, August 18, 2009 10:48:34 AM

Post# of 79740
There isn't much MOMO at this time.

Much of the buying over the last few days has come from within this group. Think about the number of posts that say "I'm buying or I'm adding."

At some point most of us either run out of ammunition or decide that we have enough shares to suit our individual risk profile.

I thought about adding back at .02 (in hind site wish I had) but decided that I had enough money at stake in the stock so I didn't.

Soon those who want to establish a position will have done so and the volume will dry up. When that happens, the thing that will drive this stock will be news.

The news will come and that will generate a new level of interest and a new round of buyers. Until then, be happy that we have an uptrend.