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Re: thebobber post# 49942

Friday, 09/25/2009 9:20:11 AM

Friday, September 25, 2009 9:20:11 AM

Post# of 111729
I will agree to some part of this, you will always have flippers no matter which market you are in, even in the blue chips. They are necessary as they continue to keep the stock moving. But the whole weak hands thing and or novice investors are a complete generalization. We know long term investors even those holding large positions were selling the past few days, based upon what we can all assume what ever we want. One such person posted his personal experience as to why he sold his. Similar cases exist throughout, many may have taken some profits on these short bursts. We can guess all day long and yes some may actually be those who do not have the stomach for loss as they bought into what they felt was a sure thing. Either way this was a broad sell off so it was clear it was much more than just weak hands and flippers.

As for shorts, that is purely speculative in nature also, there is not enough room for a good short on this stock. When you saw the run to .15 it made this completely possible, even while in the .08 - .07 you still had room to short, but this narrow trading range makes it difficult even for the flippers let alone shorts.