News Focus
News Focus
Followers 121
Posts 11823
Boards Moderated 0
Alias Born 07/29/2005

Re: gattes12 post# 143361

Monday, 06/14/2010 1:58:10 PM

Monday, June 14, 2010 1:58:10 PM

Post# of 375420
That's what's known as a "delay" or "stall" PR. Trouble is, it only gives the insiders a few days at best to dump a lot of stock while they come up with another chapter in their fantasy. This PR created a selling opportunity, which is exactly what it was designed to do.

Once this breaks the bottom of the descending triangle that has been forming for the last couple of weeks, there's no telling where the dumpage will bottom out. Nobody should own this one, especially after it tests that .012 level again.

Again, today's chart action is a selling opportunity. I'm pretty sure that the insiders are taking advantage of it.



http://stockcharts.com/h-sc/ui?s=QASP&p=D&yr=0&mn=1&dy=13&id=p66781221920

A good bottom's hard to beat.

e

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y