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Re: stockprofits post# 4814

Wednesday, 01/04/2012 6:29:41 PM

Wednesday, January 04, 2012 6:29:41 PM

Post# of 19259
Exactly. There were over 5 million shares purchased in the last half hour of trading. Those were purchases, not short covers. We needed a shake out before the run up can happen. This looks so much like AMW* before the infamous "lawsuit PR". I really do think this has legs left in it. Not sure it will make it to a buck, but .70s or .80s is not out of the question. With that said, I did close out half of my position today for a minimal gain, as this is a very risky play.