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chirmpenholder

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chirmpenholder

Re: Chillaxin post# 3972

Thursday, 10/04/2012 10:33:01 AM

Thursday, October 04, 2012 10:33:01 AM

Post# of 4329
It's not one seller with tons of shares at .35, it's that the .35s get taken out, the sellers move off, and then when the volume isn't sustained, they come back down because they know people will buy there. That's what we've seen over and over the last few months. A quick burst of momentum that runs us up, then it dries up, then the sellers walk it back down, and .35 is the sweet spot for buying, apparently.

All posts are purely my opinion and make no claim to be based in fact. Never sell or trade a security based on anything I say or even imply.

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