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Re: commonsense78 post# 21270

Friday, 07/09/2010 11:46:42 AM

Friday, July 09, 2010 11:46:42 AM

Post# of 54875
"Hmmm is 17-18 still support despite the dilution?"

I guess the answer to that question is about as solid as the beta!
And the beta is relative to the frequency and nature of new news.
So......IMO, "support" for Mop at this point in time is pretty fragile as I suspect most "investors" in Mop are short-termers looking for a nice gain in their > 6 month time horizon(but ready to bail on bad news at any split-second).
The fastest draw here wins,IMO. Watch for news,get a low position and daytrade your non-core position. And,don't set any stops! That's the way I feel it here.
Just my (probably rather "local")thoughts.....

Deej