Right. Emotion at work. Those big block hits at .17-.18 were not being made by banana head amateurs. All we need to do is look at the volume tot eh upside vs this temporary pullback and the direction seems clear---UP! Patience everyone. No need to sell here.
IMO,in looks like classic sell on news...Roughly 28 million shares just traded post bailout approval...not exactly what I was hoping for,but 28 million shares possibly distributed could have caused a bigger decline.It did not decline big and is holding strongly so far @ 14.5...so in other words the BID did not just completely weaken.people are still buying...I'll assume the risks in holding for now...I want to see if there is a possitive market reation in the coming days...
...what is the update on the 9:30 am BK hearing???anyone?
...I am very curious about these BK Hearing developements & intra-hearing statements...