So what's new?
I posted this on Friday as a follow-up to an earlier post of mine that this alert came in on Thursday night for Friday -- and probably contributed to driving DOWN the price on Friday and here's why:
Euripides90
Friday, April 19, 2013 7:19:32 PM
Re: Euripides90 post# 66008
Post # of 66445
This major alert may have been partly responsible, everybody trying to get in at the stated "solid supports" of .0029-30 but then it never went up as expected -- those dam*ed MM's kept driving down the Ask against so that more and more big buys @these lows could be had. Then there was panic-dumping. Wonder what this "analyst" has to report later on today.
Anyway the low support did hold, and that it didn't go lower despite the MM's shenanigans is itself noteworthy, PPL R loading up on this for a run. Still it should have done so today, hope the day flippers who bought low don't panic and all sell at once, the downside of these alerts. If there's no more Dilution and buyers STICK THE ASK we'll reap the benefits next week. This seems to have set up for a multi-day trade, buy today and sell tomorrow @.0038-42 if there's no mass panic dumping, the MM's don't continue to undermine everything -- the subscribers of this particular newsletter R fairly sophisticated and probably understand the game plan.
This topstockpicks.com alert is just a re-post of the Stock Analyzer,
one of its sources, they're basically the same thing, different names.
How many will execute sell orders at recommended level and how fast will help determine the price this week. Hope that once the PPS goes up to that level there R enough Longs that it finds a higher support.
AI
