World Surveillance Group Inc (fka WSGI)

[lowtrade]

good2be

My trader opinion is I don't understand why the short attack started the 25th didn't continue. The 27th PR didn't help fight it. IMO

If you look at the resent trading, there has been 2 attempts to run it down, could be to cover on a short profit play, could be just day traders, both broke the PPs the wrong way from the short term ascending triangle target.

Once the 7th & once the 24th & 25th. Both stopped with following green days. This is something new and just may be saying it wasn't a real short attack, just daytraders picking up some low and selling higher the next day.

Emotion on the $150 mill in the bank could very well allow this . At this point there are so many things in the soup, no one really knows what is going on. IMO.

About the only thing we really know is there was allot of accumulation at $3.50. That was after the short report and could be new retail shorters opening a new box top , just as well as new swingers opening a new swing play. And the daytraders saw the cliffhanger and did their thing.

It's all speculation. But with the 2 dives turning so fast & easy one after the other, I'm starting to lean towards these moves not being short plays. Just daytraders. and in reality we may have 50% of the $3.50 accumulation being swing support and 50% being short tops. With daytraders making money in the mean time.

So all the people at the edge of the cliff, still have to be careful which way the wind blows. The PR non PR wind. LOL Still feel it's a shame GTE still has to PR it's way out of trouble. But that's life for a GTE shareholder.

NEXT WEEK !!! will tell !!! LOL never changing, never ending.