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crudeoil24

04/25/09 2:41 PM

#9121 RE: reversesplitFTW #9120

Trade away!...Investors/traders both have a ton of money to be made here. Both are and will be winners w/MMRF.
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pagello

04/25/09 4:40 PM

#9123 RE: reversesplitFTW #9120

All I see is resistance at .30, and if we get news of a deal through Houlihan Smith & Co. we blow right through it. IMHO



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mnfats

04/25/09 4:45 PM

#9124 RE: reversesplitFTW #9120

Is it the charts that make a stock go up or down or the individuals that believe the charts are gospel and sell or buy?
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tothe

04/26/09 4:29 AM

#9128 RE: reversesplitFTW #9120

It's moving sideways. You are looking at a traders chart. Nothing wrong with the stock in the last 3 weeks. Just traders selling on the 3 uptick rule on the two cycles of a side ways sine wave. As long as the overall moneyflow is positive in that duration it is OK. In the last 3 weeks a registered shareholder was selling into the strength (flat OBV and rising AccumDist with descending MFI). ChiOsc has to turn up before the PPS moves up as the MM's start accumulating, right now the seller is keeping the MM's with excess inventory. Look back into the filings to see if there is a note due or a seller for services rendered O/S >>----> float. The not so steep OBV slope shows there is "some" selling by a 10% holder but the MA(20) up-slope is saying no dilution.
However the PVO is way down, you are correct in saying that liquidity is diminishing for the easy in & out the short term traders prefer to maneuver in...you ever think about going intermediate long? Sooner or later that ten percenter is going to stop selling. Then there is that positive moneyflow that makes this stock look so, ....aaaahhhhh, juicy?
From 2 April to date (3 weeks) moneyflow was $132,408.
http://eresearch.fidelity.com/eresearch/goto/evaluate/chart/chartAdvanced.jhtml?destination=%2Feresearch%2Fgoto%2Fevaluate%2Fchart%2FchartAdvanced.jhtml&symbols=mmrf