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Monday, April 05, 2010 11:15:01 AM
March 8th, when the news came out about the Randall Business Agreement and 6.8 Million shares traded that day.
Today we have a similar day, also with news, and over 10Million traded.
If we can break through .18c today, of course that would be bullish.
If the article in Business Week doesn't come out until the 9th, this Friday, then perhaps we''' have a situation here where the stock can rise all week in anticipation of the Friday article, in which case we may have a "BUY on Rumor, SELL on NEWS" scenario.
Volume and price will be the keys here.
If the stock breaks thru .42c on better than 80 Million shares, that of course will be a significant break above resistance, and its sustainability will have to be watched carefully.
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