Friday, January 08, 2010 7:46:57 AM
Buy4fun,
qedn has a large float.
the PPS busted through 6 3x today! that's phenomenal !
every time it did it so,
it needed to clear through ONLY about 40-60 mill shares within 20-30 minutes
The buy volume was 2:1 to the sell volume.
A lot of shares were bought at 6 this week ! (will prolly be held for 12 to 20+ )
The PPS had been at 1-2 for a long time before the recent breakout.
The people have a 100% to 500% profit at 6 .... can you blame them for selling ?
especially when there are posters (like you) who create doubt and fear ? .... LOL
This stock has a GREAT recent trading pattern for a tripple zero one !
The people who bought at 1, 2, 3, 4 will be selling below 10
5 and over will wait for a double ..... there will be selling on the way to a higher PPS.
But as long as we have a good volume ( 100 mill and higher ) we are FINE !!!!!!!
With a high volume stock, new investors will not be afraid to get in !
BTW,
I wouldn't have minded if we had closed at 5 today !
Look at the chart. The fact that we didn't hit 4 was GREAT and the one to watch for.
We hit 7 3 times and closed there !!!!
That means that the people willing to sell at 6 decided to wait for sevens,
and perhaps for a stronger Bid of 6 (tomorrow)........
IMHO, this is an amazing opportunity with a tripple zero stock !
GLTY & to ALL
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