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qtipjoe

01/27/07 3:05 PM

#11490 RE: binzur #11486

I find my self in your position many times. I will pound on the ask only to have someone who has much less to spend than I jump on the bid and pray. Don't you feel better when you know you are not all that cheap. You stand up and be counted and I know there are those who are not in your corner. Everyone can not be Airborne. Eveyone can not stand in the door. Everyone can not be 101. Thank God.
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forgreen

01/27/07 3:24 PM

#11496 RE: binzur #11486

Fair enough. The one thing that shifts the tide always is within your message. And this is it is not just about marshalling buying power, it often means just sitting tight and not selling. I see that has begun to form here and it can be very powerful for a stock's future supply and demand dynamics. It is my belief that upon watching the past 7 trading days closely we are on the verge of that phenomenon kicking in where the majority of the shareholder base simply locks down their positions. To some degree then the action on the ask will be the more powerful. Then hitting the ask beguns truly effective. I am optimistic we are turning the corner now and enough people who know there can be a very significant multi-week move are settling in for the longer haul than just waiting for their exit the next day.