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Re: Mr. Zen post# 4267

Friday, 03/18/2011 10:40:02 AM

Friday, March 18, 2011 10:40:02 AM

Post# of 59579
This is my thought on when this stock moves for the most part. When it finally finds support it triggers alerts on ppl's platforms so ppl start to slowly buy. As the technicals get better we see a bit more buying but not real heavy volume. The technicals yesterday were great!! But what happens is that as when ppl dont see additional volume coming in to drive the price up they start to jump ship as we will probably see today or monday or soon if the charts starts going the other way. It is also the end of the week and traders dont typically hold penny stocks over the weekend. So when the selling starts the chart will go the other direction and then a price drop back to the 3 or 4's. I hope this is not the case but I have see a pattern here. Hopefully enough ppl are interested long term and hold out.


gmarc