The are R/S plays. The R/S announcement itself is gonna drive the PPS down by folks bailing out for whatever they can get before the R/S is effected. Look at stocks that announce a R/S with no round ups and see if the PPS doesn't tank after the announcement or comes out on the Daily List. A R/S pretty much ALWAYS causes a sell-off.
JJ
Posted by: dickmackey In reply to: None Date:6/11/2007 7:10:00 AM Post #of 181
CLRX was a play that fizzled out too many people that dont understand got on that one. BUY @ THE ASK. Drive the price up so the bid will be higher end of day. Bid whackers took that way too low now we be lucky to cover our comissions.
The point is if you tell people theese plays make sure they know how it works.