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Re: risk on post# 71740

Thursday, 09/13/2012 10:30:15 AM

Thursday, September 13, 2012 10:30:15 AM

Post# of 101798
People are buying today for the same reason they were buying in the 7's,6's,5's,4's,3's and now 2's. It is probably 2 major groups, investors cost averaging down since everyone is red on their investment, traders buying to unload as soon as it begins a recovery. Unfortunately there were many who kept referencing the shares as cheap when we were much higher so those that foolishly listened need to buy again to keep averaging down. Based on the bad PR of yesterday, I would have to think the selling is just starting again. Lots of plans but still no progress. Not what shareholders want to hear.

That would be my answer to the question

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