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Re: who_is_John_Galt post# 1728

Monday, 03/15/2010 5:00:19 PM

Monday, March 15, 2010 5:00:19 PM

Post# of 18456
Prior to the "couple of small buys at the end" we had a 50K block at .40 at 3:26PM followed by 20K at .42, and some other multi thousand share buys that brought us back up. On a mostly down day (for most of the day) in the broader markets, I think it is worth noting that we saw about 97K shares trade, all at or above .40 during the final 34 minutes of the day.

I would have called any close at or above .40 today to be a sign of some encouraging strength, after last weeks gains.

If we were to go sideways for a couple days now, and show some signs of stability above .40, that could be a good thing as we later approach next weeks news.

I'm among those very encouraged to see the market starting to respond positively to what we're expecting to hear next week.

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  • 1D
  • 1M
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  • 6M
  • 1Y
  • 5Y
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