ot: JimLur, Hold that thought. You could be right but it will depend on buying or selling pressure. The Chart indicated that the pressure is still slightly on the buying side.
Although I have to admit that the law of the gravity would work toward to the sell side. We'll see.
I tend to agree with you..It is almost 5 Month's since the LG License..but then again 17 Million shares in the past 10 sessions could only be attributed to Institutional buying, making Option manipulation more difficult..
If we don't have news IMO the Market Masters will take us down to 30 for options expiration Friday.
Jim, I Think they will try but fail, this stock just has to much demand. Now that we are averaging more than million a day traded gets real expensive to manipulate. ( perhaps thats just my hope & dreams to see them get burned! LOL ) Good Luck to All Longs, Hrbart
"the Market Masters will take us down to 30 for options expiration Friday."
Sjratass will be so pleased. This takes so much pressure off him.
{g}
However, I sold my June 30's at the end of last week because this stock does have a habit of being pinned...not that being pinned to $30 is a bad thing.