Best post all day IMO. This board is the most tightly wound talk about tickin' RARELY POSTING DUE DILIGENCE I have ever seen.
The research and reasons to buy this in trips is GOOD... people need to see it. It isn't stickied, it's buried.
As long as the float stays where it is, we are in fine shape.
As far as bidders... why do these guys think this trades so much per day? Because people see the nice bid support... they want to hit ask in case they can't get them on bid. The people bidding here are the longs that want to add to their position and if everyone that is a long blew out their wad on ask, there would be no bid support and mm's could take us down even easier. We will base out where no more retail is willing to sell any lower.
CSTI is shorting. That is the small hits on bid you see to downtick and try to induce selling. There will be a bottom point... and it will not be significantly lower since there is only so many ticks to nothingland. Vert was the seller and he hasn't been in the mix for awhile.
As long as the float stays where it is.... we should continue to be basing out as we have been for a week or so.
People need to quit freaking out and supplement their griping tick talk with some DD so when people look here they see more than complaining or pumping about price. There is plenty of highlights and due diligence that has already been contributed. See the posts from the weekend.... use them. The original authors could care less if you copy/paste their posts.
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Exactly, people need to learn how to relax and make money. On every play, I plan on being in the red to a certain degree especially while I am accumulating within a specific range just like the one were are in. This has major run written all over it. Anyone who knows what they are doing can see that so there is no reason for those people to lose it over intraday trading. People, Take notes on what happens here so next time, you won't make the same mistakes and freak out when there is the slightest movement downward. Anyone having a different opinion, I believe them to be incorrect. Mark this post....Let it ride....
