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Saturday, February 08, 2014 1:31:23 PM
But just like a long who bought in at $5.00 a share 18 months ago he probably avg down buying more!! Not a trader but a long!!
So these longs have more shares in hands and will keep longer than a flipper or a trader!!
So say $5.00 a share and he bought more at $ 3.00 the avg is $4.00!!
Reason why the PPS max down at $4.00!! and now traders and flippers push it higher!!
The shorts who have shares at $ say $3.00 may get out or some will let this sail to $7.00 and start shorting again!! So now avg is $5.00 a share!!
They may get to buy shares at this PPS in future!! They will take their time to see if more sell when this comes back down!!
Reason why $5.00 will be interesting Banks etc get to buy at this level!! And will be harder to get them to sell if they come in!!
This all will go up and a HUGE BATTLE is coming around $5.00 a share!!!
GLTA
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