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Re: cpw13154 post# 11367

Monday, 08/05/2013 9:08:29 PM

Monday, August 05, 2013 9:08:29 PM

Post# of 84321
ROFL! Its going for its 5th straight up week in a row. Clearly a trend reversal is in place. Guess it sucks that LTNC will continue going up huh? LOL! Because a trade goes through at the offer or the bid matters little when the stock closes up on the day. The bid reflects buyers and the ask reflects sellers. The ask remained thin while bidders remained aggressive. New money coming into the stock after its up nearly 50% in two weeks with some slight consolidation isnt abnormal. Traders saw the reversal and bought some for a trade; there is absolutely nothing wrong with trading the stock (best to hold a core IMO) and rebuying on dips to support the price higher. With a clean stock like this with a clear double bottom we should be moving slowly but steadily higher from here big smile big smile!


DISCLAIMER: Never take my posts as a buy or sell recommendation! I only post my worthless opinion like the rest of ya!