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mc6102

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mc6102

Re: $BL$ post# 24599

Wednesday, 02/03/2010 10:51:34 AM

Wednesday, February 03, 2010 10:51:34 AM

Post# of 68406
think about this... who BOUGHT that chunk? You guys are looking at it the wrong way. There are bid sitters LOADING for the pop that will come.

That trade was probably someone who didn't want their money to sit idly today... too many other stocks are moving and we don't have the volume.

That seller could very well still be back in by eod AND will have made money to boot.


Good for him and the peeps who bought his shares. Until we break the channel it doesn't matter anyway... BUT

having said that, it will move swiftly at that time. That's why I'm sitting tight for now.

Warning: I Pick Stocks w/ a Magic 8 Ball. Everything I post
could be completely wrong... and occasionally offensive.
Read and absorb my insanity at your own risk.

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