Wednesday, October 20, 2010 3:17:19 AM
I'd like to comment on the trading today. I bought in early this morning right before going to work at .0069 after hearing news of the merger on another board. Imo, there were a lot of buy orders coming in and the MM's made a choice to go against the momentum and short...maybe because shares are hard to come by. The last dump to .002 was an obvious attempt to trigger stop loss orders and scare weak hands into selling. They didn't leave the pps low for long because they knew the merger deal was imminent. By shorting today and killing momentum somewhat they avoided what could have been a big run. VCTY will run again when "they" are ready to let it go. I think we may come out of the gates strong again tomorrow, it just seems artificial to keep the pps this low now. Just my thoughts on a frustrating result today. 47% short volume today.
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