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Re: mattysimone post# 16866

Tuesday, 01/26/2010 10:22:06 AM

Tuesday, January 26, 2010 10:22:06 AM

Post# of 76214
There are a lot of day traders in this stock right now. That is made evident by the late day sell-off (as opposed to late day rally). This stock fluctuates so much, this is a dream come true for day traders. It just went from LOD (.0023) to .0027 in a matter of 3 minutes. And, just now we hit .0028 again.

I am ok with this trading. A lot of weak hands sold their positions the last few days, so...I see this as a good sign. I personally would like to see less volatility, but...you can't have everything.

I did like how the stock reacted at the .0023 support.