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Re: Danny7519 post# 10218

Wednesday, 04/07/2010 10:42:02 AM

Wednesday, April 07, 2010 10:42:02 AM

Post# of 64330
Yes. That's right. After a stock comes off the Naked Short List, you will typically see a drift down, though it will be short lived.

By the way, you will also notice that stocks in general go down, down , down into some upcoming good news event.

I've taken careful note of this with CCTC as well as many others I've held.

The upcoming BW article will be the catalyst for a strong move up, and that's why we're seeing the stock drift down yesterday and today.....mostly because of profit taking though.....

the old addage is to SELL on the NEWS...and CCTC is under pressure for the most part because of that....
If you take a look back at the NEWS releases and their dates they were released, you'll find that the ideal days to SELL were the dates the news came out, and especially in the morning hours.

Just over the last 8 weeks now, there have been 4 times a holder could have sold their shares and made a profit, if only they sold on the release of the news.

Very rarely will you see a follow -thru day the day after the news comes out, and if you do, that is also generally the time to sell.

I always like to sell my shares when the volume is extremely large, larger than normal. I always like to accumulate on big sell-off days or slow boring days that have been in a decline for 10-days or more.