Thursday, August 02, 2012 12:03:34 PM
this was a quick bounce but more importantly, stable-steady volume and a new wave of buyers regaining confidence. that is the best thing one can ask for since it is usually a technical indicator for new highs or a bounce. Perhaps the Knight trading mishap DID affect VRNG in an 'indirect' way. Who knows.
What i do know, is that I was a couple hours away from catching the lows. You cant always pinpoint the bottom but you can always adjust your patience and allow the PPS to flucuate.
Anyone see the calculation on potential revenue? Insane..these patents are key. Anyone who watches Shark tank can tell you that hence why Mark Cuban loves THIS game too!
Now, Friday's tend to be rocky for the markets so next week should see the high $3s..
Also..I dont believe that today is a 'dead-cat bounce'. Enjoy the stability of the PPS especially during Lunch!
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