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Re: mr10001 post# 382

Wednesday, 04/07/2010 5:34:47 PM

Wednesday, April 07, 2010 5:34:47 PM

Post# of 7747
I think today's lows were a final buying opportunity. We hit 1.16 and 1.05 high/low today, quite a range above and below the prior days close. Volume was not very high, about average today, there was one selling spike, 400,000+ share block volume sold around 2 pm EST that took us down to 1.05 briefly, but it did not trip a large number of stop losses, or any further selling, infact the price rallied back to close at 1.08, which the bottom target I posted last week as low we needed to hold. I think we just retested the low area on a down day after some profit takers got nervous and exited at 1.16 on the mornings opening rally, but we will see. I still suspect we may get a strong OPEX CYTR rally by end of OPEX next week, but we will see.