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Re: RichAndPoor post# 10515

Monday, 04/19/2010 12:22:30 PM

Monday, April 19, 2010 12:22:30 PM

Post# of 143164
Until news comes, and then volume, I think we are simply at the whim of whoever is placing the 100,000 share bids. If they want us to trickle down as we are then that is what we will do (unless, that individual is just trying to load up as much as possible in preparation of upward movement).

We really just have to hope this individual or group is amassing a long position rather than a short. If news comes, and volume rises, the volume may be able to overtake the thing and send us upward. If that happens I bet a number of short positions will be forced to close out and we will get a nice little bump.

The key is of course positive news and volume. I would say one could just wait until we hear news and then jump in, but I have a feeling that if/when this goes up, it will go up fast.