InvestorsHub Logo
Followers 585
Posts 47513
Boards Moderated 0
Alias Born 12/13/2007

Re: Nexus1 post# 9846

Monday, 06/13/2011 5:39:52 AM

Monday, June 13, 2011 5:39:52 AM

Post# of 97615
that's a good question, it's spooky sometimes, the pro's will tell you it is because most of the float is locked, the contra's will tell you because pps has grown too high and less people want to pay that pps (hence low volume), the last one triggers a short interest
fact is , those who wanted out, are and went on to a new play (drop early last week to 0.12), which is supposed to be at 0.50 now (not), and those who took profit, uncercutted the ask, and are mostly out too (0.20 ask became 0.195, 0.199 just to be sure to get that sell)
now there is need for new hands to pick it up, that is why the news is so important
and why i tell not to chase, all depends on how the news is received, imho ANT