Lyric Jeans (LYJN)

[fatherofseven]

One has to wonder: When do people stop selling for a loss? Most selling below .04 are selling at a loss, or at least not for a notable gain. It's an issue of the kind of investor at the "helm"- those who are moving this up or down are a relatively small percentage of float holders... clearly not company-value focused, but playing short-term movements and charts... takes so little to move it up or down.

Since the pump, this has moved like organized pattern trading... top/resistance selling... and bottom/support buying... now that has gone from the first range of .05- .058, now I wonder if it's doing the same between .04+ and .03+....

Let's face it... unless we're hoping BIG news blows this whole little scheme up... you really have to be a solid LONG (not care about these daily dives in anticipation of the big news)... or "go with the flow"... see the patterns and trade them....

There is a connection between LYJN and BGEM. And if BGEM is any precedent/indicator, it doesn't bode well for a SUPER SOLID COMPANY with MAJOR PROFIT to do well with share price... they have their Total sports drink in Walgreens... expanded from one big city to another, then announced selling in Walgreens throughout Florida... barely caused a hiccup in share price.... What's going on with all that? Anyone?