Oil is up afterhours. We are heading into the Roth conference this weekend. IMO there will be much bigger profits to be taken next week. BTW if you look at the GLRI charts profits have bene taken all the way up. However we had a low ball walk down EOD yesterday by some crazy MMs on 100 and 200 share bid whacks to trigger stop losses then the same today. This one has a tiny float and it would not take much to push us up to the $1.00 break above on heavy volume buying pressure like we had on the few days of the initial run where we ran up 400% etc. off the lows
Bottom line the MM's lied on the close. We ran to .41 with ease and churned .36 before the close. Time to gap and run with no gaps to fill as long as we do a single trade at or below .45. I am planning on doubling down on my GLRI position today heading into the weekend conference.
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