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Tuesday, August 14, 2012 10:32:09 PM
IMVHO, this was SOP (Standard Operating [merchandising] Procedure) to discourage and shake out shareholders, cover the PTB short sales from the previous close, and then accumulate shares for themselves, finally moving AAPT back up to close flat for the day. When they're locked and loaded and ready to dump their shares they'll gun AAPT on back-to-back days on higher volume like last time when they raced AAPT to the .09 level and then dumped their shares and shorted AAPT prior to taking AAPT down to the .011 level, all IMHO of course. I'm not fooled by the sucker drop-down play in the morning, just the opposite; I remain long and strong on AAPT! :) I "know when to hold em', know when to fold em', and when to walk away." :) Have AAPT will travel. :)
When a department store holds a sale it lowers prices to attract investors. When worldwide stock markets hold a sale they raise prices in order to attract the traders and fund managers, aka lemmings. IMVHO, this is all part of the SOP merchandising operations. :)
Disclaimer: My comments are for educational sharing only and not meant for investing or trading advice.
Good luck to all!
Cheers, :)
Bob-C
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