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Re: None

Wednesday, 07/13/2011 12:58:11 PM

Wednesday, July 13, 2011 12:58:11 PM

Post# of 39254
Grain of salt.. Does it matter that it closed below 2 yesterday? to a degree yes. its a psychological support level. However, really? look at the volume on the decline. its all weak. it aint like a slide of multi millions of shares has been occuring the last couple weeks. if folks were that concerned about a decline below 2 you would see multiple millions of shares being pawned off and thats not happening. what you are seeing is impatience slowly taking its toll. that being said it doesnt rattle me in the slightest. a slow slide on weak volume just means rocketing prices and volume when news comes out. there isnt a mad rush to dump shares. i myself have done the same thing on occasion, got impatient saw something i thought was going to move sold at a loss and picked something else up for a quick gain and then put the sold stock on watch.