Wednesday, February 09, 2011 9:52:54 PM
the volume today tells you that you are premature to think this will continue to skyrocket up until some unexpected positive news....not priced in news already.
200,000 volume multiplied by 5 cents is a lousy 10 thousand dollars traded today.....after what "some" of you wrote was 'the news we were all waiting for".
Before you attack me again as a basher, I want to say i feel more confident in my long position after analyzing some conversations and intelligent points made on this board.
But in the short near term the volume clearly paints a picture for those who dont know how to read the signs.
If anything this will drift lower without a big buyer.
I am not wrong to assume that if we all add every two weeks from our paychecks that this will NOT singlehandedly support this stock,,,,,,,,you need a real bull........like when first pacific kept adding to its philex shares making it go from 10 cents to 36 and staying there.
eom...........good luck to you because its also the same as wishing myself good luck....but not everyone is WrONG for denying to get excited about a 10,000 share buy like you do.
I really dont want to add anything else to this board for a very long time so please dont reply to my messages otherwise i feel compelled to write you back. Good luck
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