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Re: goodluck10 post# 365

Monday, 01/17/2011 6:43:34 AM

Monday, January 17, 2011 6:43:34 AM

Post# of 1034
I would say this is plenty of commentary. A multi-million-dollar trader is calling the $3 as an important technical level, commenting about volume, the possibility of a facebook-related catalytic news event, questioning the valuation of the company, and outlining a potential trading strategy. But you're right, probably no relevant commentary there.

"Snap Interactive Inc (STVI) keeps trying to break above $3/share, but volume is fading a bit and the wall is solid…for now…until they have a news-based catalyst…devil’s advocate would say it’s just a Facebook app so is it really worth $100 million? Shorts doubt it, but if it breaks above $3/share on strong volume, this could really squeeze…potential buy."

http://www.timothysykes.com/news/16309-all-the-hottest-penny-stocks-worth-buying-selling
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