Replies to post #28800 on SEASONALITY STOCK REPORTS

[brant_point]

I think the problem with PPHM

is th ePP buyers at .75 can short the stock from where it is and replace the shorted share with the .75 shares upon delivery.

This happens with Wave all the time. It is guarenteed profit if you ar elucky enough to be among the PP investors.

[proteinspike]

None of those events produced a candle out side the lower BB.

In fact I had to go back to 2000 to find a candle outside the lower BB and then it jumped 100% in the next 2 days.

My point is that this divergence should be sufficiently different enough to produce a nice pop.

The next support level is around .46. I don't think it's going that low with fresh $20M in the bank.