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maverick_1

08/13/14 1:41 AM

#17220 RE: foxhound02 #17217

Yes 2:30PM EST + Observation of Breaking AF's MOJO

All of what Xena & yourself indicate concurs with my independent evaluation when I've identified UBS and ADFN offering lots of size starting Monday from $6.90 to the low $7'ish area to contain Monday's run.

Believe that the Monday 8:15 PR'S has clearly given a new green light to institutions in either adding or beginning a position.

Also I would believe that those in the previous sentence KNOW the early alert on twitter that AF sends so that these LONG types can achieve their objective of securing some chunks WITHOUT having the stock move against them but for them!

Additionally hedge shorts reversed course upon seeing a resumption from Monday's ARCA bidding for 20K@$6.90 and filled of Tuesday's 2:50 PM ARCA bidding for 20K and that it would be counter productive to short more. To wit: UBS bid for 7K@ $6.66 (IMHO to cover + profit) got filled and ADFN to lesser extent. So it appears there is a fairly firm downside in the $6.45-$6.50 area for now.

So it would appear that hedgie shorts have their work cut out for themselves: trying to contain the upside while the downside for now appears limited: all based on Mon & Tues only as well as how NWBO has traded in more positive uptrend manner since July 21st.

That's my sense of Mon & Tues action OF BREAKING AF's MOJO.

Not a technician and views above are not charted: just utilizing my sixth sense.
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tradingintheusa

08/13/14 9:45 AM

#17227 RE: foxhound02 #17217

I don't expect much new info at the conference unless we get a PR today.