InvestorsHub Logo
Followers 4
Posts 665
Boards Moderated 0
Alias Born 11/17/2009

Re: pedro45 post# 8651

Thursday, 12/30/2010 10:39:03 AM

Thursday, December 30, 2010 10:39:03 AM

Post# of 34471
I hear what you are saying, I've been in the frustrated CCME shareholder seat before. What I am trying to say is that after you have done all of your DD and feel confident that you have chosen a company that passes your own litmus test, you are only left with what your gut tells you about impending short term and long term PPS movement. My gut tells me that by the end of January we will be whistling Dixie.

If you ask my why my response will be that I believe there is massive manipulation going on, on several different levels. Shorts are trying to manipulate the stock down so that they can cover low and make money both directions. Meanwhile we had a recent wave of excess liquidity from a big seller and Intuitions were sucking up shares and providing more support than the shorts had expected. We'll have a larger float, much larger short interest and much larger institutional ownership than we have ever had before, and when this puppy sparks it is going to ignite an explosion of epic proportions. Furthermore, I don't expect a significant and extended period of consolidation this next time around, for all the reasons that I pointed out in my previous post.

Please note that this is all just what my gut is telling me, but I've often found that following my gut usually serves me well.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.