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Re: jimmenknee post# 60536

Thursday, 07/29/2010 11:40:29 AM

Thursday, July 29, 2010 11:40:29 AM

Post# of 312101
Recovery probability lessoned due to the restriction removal of ~ 1.9 million shares in the past several days.

Intraday chart shows selling pressure overcoming buying-- it is a delicate strategy to try to get that many shares to be absorbed into an illiquid float without collapsing the share price.

Daily chart cuts short both MFI and CMF 3 period (flip cycle). Significant change from preceding 2 bounce events and suggests a best case drift range.

Link back to charts.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y