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Re: ChicKen26 post# 846

Wednesday, 01/26/2011 5:49:23 PM

Wednesday, January 26, 2011 5:49:23 PM

Post# of 1048
This may not sink, folowing a 100%+ pattern, especially after a strong dip into the close with a stronger buy afterwards.
Also the trading was rather peculiar and did not follow a usual PPS rise throughout the day that would anticipate a readjustment the next day. It seems an initial P&D occurred early in the day, and the rest of the day was strong day-trading, shorters being bought out, or controlled dillution into the momentum that limited the PPS at the .02 level.
Another factor is that this has a low float it seems. The high was 8500% from the opening and that occured on relatively light volume for the day. The low float could bring interest for another run in the x00% for tomorrow and perhaps even on Friday. Here is a listing from the first hour of trading with volume and PPS:

Time Vol (k) High PPS

9:41 229 .0022
9:42 25 .0027
9:43 203 .009
9:44 75 .02
9:45 215 .13
9:46 276 .03
9:47 48 .07
9:48 48.66 .049
9:49 23.4 .035
9:50 41.73 .036
9:51 25 .036
9:52 26.53 .036
9:53 22.74 .034
9:54 138.27 .01

It seems that .01 is the biggest support for the rest of the day, and most likely a secondary or terciary support for tomorrow. Notice the small amounts that moved the PPS so easily up and down until later in the day when a little more effort was needed (but not much).

If I was a betting man, I would say this could be pumped overnight for a good run tomorrow.

The best case scenario is that the initial run today resulted from developments happening in the background and we see news on it to explain today's action and justify future sustained increase in the PPS.

IMO

Best to all.

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