Followers | 123 |
Posts | 5056 |
Boards Moderated | 0 |
Alias Born | 03/06/2007 |
Saturday, January 23, 2010 8:59:00 PM
on Monday. We need volume and we need the pps to go up responsibly at the same time. Monday's volume will tell the tale and give us some direction toward share price and our lofty predictions. We've seen a fringe increase in volume up to the release but not near enough to make my mouth water. That's OK. I agree with the theory presented on this board that a slow progression in pps is a safe one and a sudden spike is a potential danger signal. We may get a spike on Monday but the volume the last few days would suggest if it does happen it will be a short lived anomaly. I don't want to see that because that is the fodder for fippers' activity and encourages weak hands to capitulate. Slow and steady is good. Consolidatation is good. A buck crept up on is much better than a sudden ten minute buck with 100,000 share volume and nobody makes any money because it falls back to sanity with a bunch of disgruntled buyers in the .8 and .9 resistances. I want a buck as a threshold for further gains and steady growth.
Sorry, I got carried away here.
Woody
hangin' till the rope breaks.
As I was going up the stair, I met a man that wasn't there. He wasn't there again today. I wish to God he'd go away.
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM
ECGI Holdings Announces LOI to Acquire Pacific Saddlery to Capitalize on $12.72 Billion Market Potential • ECGI • Jun 13, 2024 9:50 AM
Fifty 1 Labs, Inc. Announces Major Strategic Advancements and Shareholder Updates • CAFI • Jun 13, 2024 8:45 AM