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Re: fourkids_9pets post# 3293

Monday, 11/14/2011 6:26:49 PM

Monday, November 14, 2011 6:26:49 PM

Post# of 8064
Nothing looks "odd" to me and you can't tell anything from just looking at the OHLC and volume of a stock. The stock ran up 1000% and it's down a tiny bit since the high. This is normal for any stock that runs so high so quickly. You will always have day traders and range traders who are in it for the quick flip and move on. People need to understand that stocks don't just go up 1000s of percents and never pull back. Stocks do go "down" and it's for one reason and one reason only, because someone is selling. This is normal, good for the stock, and is needed. All it's doing is getting some of the flippers and or weak hands out, letting the charts cool off and reset, and setting up the next run.

Simple as that.


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