Tuesday, April 06, 2010 3:06:46 PM
Again, if you look at level 2 and see how many shares were used to walk it down from 36 - 31, it was MAYBE a few million in small blocks over a half hour or less. So all games while they successfully gave themselves a little breathing room from the 200. For now that is. I said a few days ago I felt the walk-up was purposefully slow because they were managing the 200 expectations. And I was right. MM's use charts guys. That's why I do.
As said, these clowns keeping this SP under-wraps all this time is bs. Yet, they were able to do it based on the company timeline of getting to deliverables. Despite that, a long modest uptrend formed (which certainly continued all through Q1), which speaks for itself. This is the resolution phase of all the long-term nonsense, but as said, many times they will try to mis-direct frustrated and impatient retailers first by holding on a bit longer than retailers would be expecting. One day soon critical mass will prevail and the forts will come down, usually when it is least expected. They have to now, as the game has changed. If shareholders stay strong and don't get sucked up by the tricks, critical mass comes sooner than later. gl
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