AI
Monday, April 05, 2010 10:50:29 PM
POZN Pullback Thought.
I think POZN has been doing extremely well and seems to have good following.
What concerns me is that there has not really been any correction to this stock price since mid-March as you can see in the chart attached, plus it appears to me we have several gaps in where it jumps almost a dollar each time.
I wish I could give you a good answer on what will or may happen. It has had a wonderful run up here this past two+ weeks with no real correction. It also seems that the daily volume is high on days the price rises up and more flat when it does not, which I think is a good thing to see.
I also wish I could see how any shorting may be happening each day, but I do not have the tools I feel to actually tell. If anyone has that tool information that others can look at, then I would love to hear about it.
One thing I did notice is that in afterhours I was seeing 1200 shares selling at $10.88. Once that volume was sold then another 1200 shares came up for $10.88 again. I noticed this happening several times this evening.
I think POZN has been doing extremely well and seems to have good following.
What concerns me is that there has not really been any correction to this stock price since mid-March as you can see in the chart attached, plus it appears to me we have several gaps in where it jumps almost a dollar each time.
I wish I could give you a good answer on what will or may happen. It has had a wonderful run up here this past two+ weeks with no real correction. It also seems that the daily volume is high on days the price rises up and more flat when it does not, which I think is a good thing to see.
I also wish I could see how any shorting may be happening each day, but I do not have the tools I feel to actually tell. If anyone has that tool information that others can look at, then I would love to hear about it.
One thing I did notice is that in afterhours I was seeing 1200 shares selling at $10.88. Once that volume was sold then another 1200 shares came up for $10.88 again. I noticed this happening several times this evening.
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