AI
Friday, June 10, 2011 4:20:45 PM
AKS Heads up
The next quick in & out spec play.
Double Bottom spec trade. TA & chart target 16.25
Merger rumors abound, call options increase, and price pops 4% on another large negative (all boats down) day in the market.
Have to mention the stock has 17% short interest as for May 31 settlement date. As the long chart look indicates over all negative feeling. And why it's a spec play. Could be some short covering going on the last month, strong volumes on positive days.
Check it out over the weekend (do DD) my buy stop closed today with double bottom trend line break. I'm in, High risk speculation with TA & chart backing, just like COOL was.
The next quick in & out spec play.
Double Bottom spec trade. TA & chart target 16.25
Merger rumors abound, call options increase, and price pops 4% on another large negative (all boats down) day in the market.
Have to mention the stock has 17% short interest as for May 31 settlement date. As the long chart look indicates over all negative feeling. And why it's a spec play. Could be some short covering going on the last month, strong volumes on positive days.
Check it out over the weekend (do DD) my buy stop closed today with double bottom trend line break. I'm in, High risk speculation with TA & chart backing, just like COOL was.
Welcome to my mind!
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