Wednesday, March 02, 2011 2:14:24 PM
insider trading would be, for example, ron telling you he is planning to add 10billion shares next week so sell now. or him telling you, or sharing with you, that there is a buy out offer for the rights to 1wc for X amount (giving a specific amount) that will be announced next week so buy all you can now.
please note the two examples above are totally fictitious and to be used as examples only of what insider information / trading is. and yes they are extreme. a lesser example would be:
we just can not seem to get the new site to work the right way and will not be able to launch on time... again this is made up, we have no launch date and you can not be late for 'soon'
bottom line: thanks for sharing suplex. i agree it is worth holding on to as the chance for up is always there and our down seems to be over. by the end of the month we should be crossing resistance channels so i may check a chart and post one again though with no pps change and low volume it does not mean as much, other than if it were to move again there would be less resistance. our weekly psar did flip though which is great, if this were truly dead it would have forced pps lower until the bid died. we do have support and just need a catalyst to move. question is what will it be and when
My charts are my own. Any numbers or timing are based on my interpretations of what I consider to be the most likely price movement. My interpretations can be wrong, it is always best to do your own charting.
Anything else I post is purely opinion
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