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Re: retiredMM post# 9988

Monday, 07/18/2011 1:58:43 AM

Monday, July 18, 2011 1:58:43 AM

Post# of 61242
Hmm...

I think I'm going to respectfully disagree with you. The PPS moved from .02 cents a few months ago to a high of .17 cents. Since then there hasn't been much news, and I'm going to assume that the impatient over the past few weeks have taken their profits or maybe cut their losses if they bought at .10 plus.

However, the volume on these red days has been abysmal, I know all you care about is the PPS right now and that the volume is inconsequential, but it is important and tells a very interesting story to those willing to listen.

If these were high volume red days I would agree that there's been a "sell off", but there hasn't been and the money flow indicators seem to agree that the amount of money that has moved into the stock over the past few months is much larger than the amount of money that has moved out of the stock within the past few weeks. I guess it's also depends on how you interpret things, I guess just I don't equate a walk down on super low volume with a sell off.

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