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Re: riverandfold post# 5409

Friday, 02/26/2010 12:32:28 PM

Friday, February 26, 2010 12:32:28 PM

Post# of 64330
haha, yes, the eternal optimist........looks like your call the other day on pps was correct........i knew we needed to break 15 to make a move to 20,,,,,,serious resistance there, couldn't get through it and now we're in this trading range until we get a pr..........I was curious, why do you think that million @ 12 was short covering?...........why not make them cover for more.......it was well below the bid/ask price at the time........were the mm's just letting someone make an extra 10% or was it someone buying a lg. block?.........it came up red on my level2, it just odd the mm's would be so generous......price has deteriated since that order, so I'm leaning towards your theory...........I just wanted to give you props for your call a couple days ago........patience pays..........this has been another brutal lesson for me: don't chase stocks, don't beleive the hype and most importantly use a stop loss or at least get out if things are heading south...........oh yeah and probably the biggest lesson: if it's getting pumped by Beacon or other stockpicking websites, get the heck out, fast, because it's ALWAYS the kiss of death...........