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Re: Ace45 post# 101556

Thursday, 09/24/2009 3:24:33 PM

Thursday, September 24, 2009 3:24:33 PM

Post# of 734839
IMO, the mini run attracted a LOT of attention from daytraders and they bought like crazy, riding the surge. When we got close to the 52 week high, the selling started and the daytraders made huge profits. Think of it as throwing a huge brick into a tank of water. The intial splash (huge drop from 40+cents) scared many out of the water. Others swam quickly for the edge as the subsequent ripples made them nervous. But if you have noticed, the ripples are getting more and more gentle as equilibrium returns to the stock. I do NOT think the last week or so was a huge P&D at all.....we just got the wrong element into the stock but I believe that is correcting itself. I dont think they will return as they will be locked out when this thing gets halted and the reopens in the dollars. Hang tough! Hang tight! Our day is coming! GLTY!

Volume:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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