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Re: cjstocksup post# 1589

Monday, 07/16/2012 12:28:12 AM

Monday, July 16, 2012 12:28:12 AM

Post# of 2542
On the contrary. I am not "trying to shake out shares". I am an observer and will jump back in on my own accord if I am comfortable with the flow of the L2 as well as the PPS. I respectfully disagree that "news" had any affect Friday. (or at any point in this promo. "news" has proven once again to be a non-starter) The PPS traded sideways and went red despite the announcement of "news" and pre market tweets. I suggest you do your DD and see that the PPS began its upward movement Friday on the "appearance" of WDCO, not "news' or anything else. It is right there in the chart for everyone to see. It was only then that the day shaped itself into a positive day...not before...only after. I would also suggest that it will be important to see if WDCO is alive and kicking once again tomorrow. If so, I think the chances of a positive day are good. (NITE is retail...not that same thing as we all well know) If WDCO does not appear tomorrow or is challenged in the early AM is could be a red day tomorrow. The "thousands of shares" bought at the higher price earlier are not a guarantee that PVTA will cross that threshhold again. Too many times we have seen in other plays a large amount of shares bought at a higher price before a drop. It is a mere assumption that the higher price will be crossed again as a result. Too many times that has been proven not to be the case. Despite all the tweets, "news" and the appearance of WDCO, the volume is not impressive. It will be interesting to see what TBX pulls out of its hat to get the volume moving higher given what they have done thus far has not attracted higher volume. It is essential for the PPS to run. Tomorrow will be an interesting day for sure.
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