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Re: Ecomike post# 1692

Thursday, 05/19/2011 11:39:30 AM

Thursday, May 19, 2011 11:39:30 AM

Post# of 15795
I was going to ask everyones opinion on this and since you posted this, it seems like a good one to attach to

The PPS has held very well at this .06-.07 and not dropping too much lower than this ever. I completely understand how the shorters attack after an RS, but if the PPS has held up this well now, are we really expecting it not to hold at the new price of roughly $2.60? I would assume that there are shorters in this now, and expect more to jump on board after the RS, but it seems like this is a pretty solid support level.

thoughts?



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