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stuij

01/09/10 2:55 PM

#14000 RE: Essence Of Wealth #13996

Yeah, but none of the officials ever mentioned a R/S, nor do we have to worry about that any time soon. R/S idea started off on Friday by bashers, who are trying to prevent the price to rise on Monday, so they can get in for next week's ride. They usually don't like to hold their money over weekends. They like to get in on Monday, and get out on Monday. They won't mind getting in at 7-8, because they can get out at 0.001 and make a lot of money. They are day traders. They just want to make sure that the stock doesn't gap, from say 0.0006 to 0.0009 early in the morning.

Last Thursday, the price closed at 5. The next trading day on Monday, within 10 minutes, the price was 7. Anticipation of news. When nothing happened, price dropped, after day traders got out.