InvestorsHub Logo
Followers 3
Posts 985
Boards Moderated 0
Alias Born 11/10/2006

Re: wavxmaster post# 204647

Tuesday, 01/11/2011 5:46:59 AM

Tuesday, January 11, 2011 5:46:59 AM

Post# of 249236
wavxmaster....I believe one big thing we have going for us now is the nature of the clientele that are accumulating the stock. IMO, this is a different kind of money moving in. It is not Joe Investor who steps up to the plate and orders several 50,000 to 80,000 share blocks all in a confined period of time. So the MMs are sort of in check with all this now IMO. If the big guns are coming in a little under the $5 radar, then I would assume they must see bigger things developing in the not too distant future. Someone would be doing some planning when deciding to purchase this size block of shares. I also could assume some of the action yesterday could be due to short covering, but then again the based has not diminished of late...but rather the opposite. IMO it looked just like a recent pattern of big money accumulation. Today will be interesting for sure. Thanks for all you do. It has been very helpful.

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.