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sl62

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sl62

Re: None

Wednesday, 03/02/2011 11:59:56 AM

Wednesday, March 02, 2011 11:59:56 AM

Post# of 21125
STAU~ Nice action today! Mostly buys (even the red 3s!!). The Accum line shows shares are being soaked up here biggly...

It was seen how fast all yesterday's 3s offers turned into 4s this AM. On the chart, upper bollie, 50SDMA, and 100SDMA at .0005/under. A break of that and off she goes imvho!! Further, once this churn is complete down here, that should be that. The company has just stated they themselves are NOT dumping shares and that their biz is currently self-funded (which their balance sheet also reflects). Companies intent on dumping shares would NEVER BOTHER with a Wells-Fargo line of credit...glta
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