SHAR is a tough nut to crack. I guess the seller, though selling unethically and/or illegally, could conceivably keep selling?
The up move (squeeze?) today lured me in, thinking that cooler heads had finally prevailed, but this thing is still being 'milked', which is to say buys are being sucked up at the ask while the ask is steadily dropped to sucker more in. This is not the kind of action you like to see as a long.
The pessimist in me thinks that this 3-pronged, irresistible scenario has been manufactured as a sort of pump. The split and the buyback are both mere speculation at this point, no?
If SHAR drops, .01 should at least provide enough support to hold until certain questions begin to be answered, and the nimble will know whether to sell or add before the next big move.
Me I'm kinda hoping we just go UP from here.
Follow me @ twitter.com/lolstox !!
