InvestorsHub Logo
icon url

TheDane

03/02/09 9:50 AM

#19680 RE: Blither #19679

My guess is the shorts are running this down in desparation. Add to that the overall market sentiment and you have some people selling and glad to get out above .70. Gaps are never good unless there is sufficient volume to keep it up.

I see trades on Level II showing buys at .60 for 10k and 12k and then a series of smaller buys at .70. Low of .67 on a 10k trade.
icon url

philsdaddy

03/02/09 9:50 AM

#19681 RE: Blither #19679

I can't imagine anyone selling on good news when they have had the opportunity to lighten up for the past few weeks, and at equal or higher prices? Oh well, I added today and I am hoping that over the next few weeks I will find myself regretting that I did not add more! We do, however, need to be patient with our expectations on this news--seems like this stuff can take months and months before anything tangible is heard or released. Good luck to all. You know, it's funny--if this news had happened three years ago the stock would probably have shot up to $5!!!
Lee
icon url

weedhopper

03/02/09 9:51 AM

#19682 RE: Blither #19679

Gosh I don't know what's going on it's crazy !!!!!!!
Todays PR about the MTA is a HUGE step foward people wake up and buy buy buy !!!!!!!!!!!!!!

Weedie