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Re: lossregaining post# 41592

Saturday, 10/16/2010 12:02:32 PM

Saturday, October 16, 2010 12:02:32 PM

Post# of 59722
I think MMMG puts out a PR Monday. We have the merger and financials news due. Glad they didn't over the weekend or this would have gapped huge and maybe retrace later in the week.

As far as profit taking...I think many who bought Thursday and Friday are already out as most daytraders, flippers don't like too carry funds over the weekend. THe fact that this didn't retrace do to some afternoon selloff tells me we consolidated here and should be going up Monday.

VERT was off the ASK as well...he drove the PPS down earlier in the week. Price dove when he was on the ASK despite heavy volume and 3-1 ratio of buys to sells.