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Re: XenaLives post# 24334

Tuesday, 08/24/2010 8:05:24 PM

Tuesday, August 24, 2010 8:05:24 PM

Post# of 35802
Increased volume on a falling price. I'd say it's a sign that as soon as anyone showed up willing to buy, those who got in during the run up took their 25-50% loss and got out.
That's the problem with stocks like GRNO that run when someone steps in and announces they're buying big. Once it's clear the buying has stopped, the late in speculators bail as quickly as they can.

I suspect you'll see a lot more declines, perhaps below the low 20s starting point. Unless of course Monk and the team start buying again.

The only thing necessary for the triumph of evil is for good men to do nothing.
EDMUND BURKE (and others)