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ISML. Awful play by the money runners..

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ppattishal   Monday, 04/23/12 05:33:49 PM
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ISML. Awful play by the money runners.. Released when the stock was way overbought (front loading...maybe), on a Friday, and touted to not buy above .13... Which begs the question.. how did they ever expect it to increase? The good news however is that the stock held support from the 200MA, and is sitting right at the 50MA, with a much healthier RSI. Will be interesting to see which way the MM's take her tomorrow. If it breaks the .06 tomorrow, look for support at the .04 for a possible quick bounce flip.

Will be interesting to see what their next "redemption" play brings.

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