No nothing that hardcore. People can put the idea of a buyout out of their heads....at least as far as an increase in PPs tipping us off anyways. If that happens the price will jump thousands of percent instantly...no way ED is going to sell anywhere near this level. Its likely because weve been drifting downward for so long that longs have locked it up pretty good. Now that it stopped bleeding and went sideways briefly its done its U-turn and is headed back up somewhere.
People, me included, have been adding, but waiting for a bottom to try and get the cheapest possible price. Now that its reversed that pent-up demand is coming in. Theres no mistaking the longterm viability of this stock, and that first runup was IHUBs collective OMGASM as MYEC fell onto everyones radar. Now with the quarter ending and revenues coming in its time for people to buy their tickets to the show. Thing is, alot of people have been doing just that on the way down, so people have to pay to play. Any decent volume spikes this thing so fast as weve seen a few times now.
Consdering this is a set it and forget it stock I suspect many people will be finding out about this burst after the fact, which gives us a good chance to see another good day IMO. Hell, I missed that 100% day completely because I usually check this once a week. Actually had some fun today. GLTU.
MYEC
AI
