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Thursday, 08/01/2013 1:24:31 PM

Thursday, August 01, 2013 1:24:31 PM

Post# of 68424
Quick intraday note before I'm off doing work. Recently shorts have started their push to force the decline down into the close at about 1:30 PM EDT. I just pulled up a 1 week chart and the primary downtrend line across the two peaks intersects $3.22 by close today. I expect the shorts to defend this line.

Technical healing of a stock often is done with baby steps. Yesterday the shorts halted the rebounding price after the pullback from $3.39 at $3.25. A win for longs will be a close over $3.25.

We have 6 minutes from "5 O' Clock Charlie (MASH episode)" i.e. the 1:30 EDT start and grinding down of Vringo's stock.

Come on Mr. Friday Whale, there are some tasty Vringo plankton shares to be had.