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Re: powerbattles post# 2635

Thursday, 10/10/2013 12:54:51 PM

Thursday, October 10, 2013 12:54:51 PM

Post# of 3471
You are exactly right -- stock went up up for days, and it's always to be expected there will be some profit-taking at that point, then the process will start over again...

They over-did it with 50-65% plunges 2 days in a row, how much of that was panic-selling including from all the whiners on this board, we don't know...but this second plunge seems to have been caused by POSITIVE NEWS put out by the company, so sharks figured it would be a good bet that the stock would go up again anyway...why not kill it as much as they can.

Poor company, being the "beneficiary" of APS' attention, causing the usual upward movement then the plunge to below where they started with it.

This is no fault of the company, claiming it will be halted like the previous pick is just a scare tactic by sharks to buy cheaper.

.045 seems to be holding as bottom resistance.

Took couple days to get it this low, will take a couple more to rise up.
How high depends on where people sell, how many keep their heads vs. panic. So many panick-ing amateurs here!
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