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mantzes

03/02/09 8:47 AM

#2178 RE: tradernation #2176

There are those that simply always sell off on any pr (as if the damn thing said that there was going to be a r/s instead of marketing and sales...sometimes any pr can be like saying bomb on an airplane)...this was the case recently w/ grdo after it announced an aquisition of a major competitor...bought outright...this news should have doubled the stocks worth but it actually cut it in half by days end to the surprise of all involved (except us in long who attributed it the change due to the same immediate sell trigger that happened, albeit on low volume, to sknn)... those of us in this thing long should not even worry about the drop and should still be happy to have rcvd the pr and should have tried to buy additional shares...it is definately a good thing...the damn greed and human element that screws with the the stochastics lol!

btw my office is closed today (nyc) due to snow... to all others who have a snow day and didn't lose a pto...kazaa!