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Ecomike

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Ecomike

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Re: DeeDog post# 6088

Monday, 01/23/2012 4:11:39 PM

Monday, January 23, 2012 4:11:39 PM

Post# of 6903
One can never be sure if it is dumping, or an MM take down to trip stop loss sells, or to cover the MM shorts or grab shares before news comes out. IMHO it was dumping, because there was a move down in AEXP at almost the same time today, by the same %age. If it was early pre news dumping, like it was with AEXP about 4 weeks ago, rest assured there will be more dumping and a huge drop below 10 cents real soon.

It is also possible that an experienced daytrader with level II views saw an opportunity to short and cover in 2 minutes at a profit.

Ambition with out knowledge is like ship in dry dock. Going nowhere fast!

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