Monday, November 26, 2012 12:12:55 PM
I really think that you should improve your reading! I never said it would go up, and I never said the price wasn't going to change. What i said is that the way it was traded with two large blocks of traders on each side, was going to stop and that it would now have less resistance.
Check the data of how it had been traded by since then!
Since then it reacted much more to trades. But since there is a lack of trades, it doesn't move that much. But if there would be really good news now, it would react much more then it did in the period before the results came out, since the blocks are gone. Bu we first need volume due to real news
But hey, guess what? There is no good news at the moment, so we have to wait. Meanwhile the volume went down a lot, so please get real and try to understand that this stock hasn't been trading like it did before the results.
Do not just focus on the PPS which was much higher before the result By the way even the PPS has changed a lot. It went from 0.36 and higher to almost 0,30 so that is is a change of almost 20% If you call that still trading the same you must really be blind!!!
Check the data of how it had been traded by since then!
Since then it reacted much more to trades. But since there is a lack of trades, it doesn't move that much. But if there would be really good news now, it would react much more then it did in the period before the results came out, since the blocks are gone. Bu we first need volume due to real news
But hey, guess what? There is no good news at the moment, so we have to wait. Meanwhile the volume went down a lot, so please get real and try to understand that this stock hasn't been trading like it did before the results.
Do not just focus on the PPS which was much higher before the result By the way even the PPS has changed a lot. It went from 0.36 and higher to almost 0,30 so that is is a change of almost 20% If you call that still trading the same you must really be blind!!!
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