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cjstocksup

06/17/10 6:54 PM

#16129 RE: DOLPHY #16128

You need to learn to read charts, volumes etc. Get a chart that will also show you daily volume and PPS for the last month and you will see what I am saying. I posted this weeks numbers since Monday and the huge gains and the last 2 days on almost no volume the lower PPS, means nothing, if it were higer voolume like Monday when we closed up about 100% it would mean something. The main thing is out of about 170 million shares if only 3 million sold in the last 2 days that is a very tighty held float. That means huge gains going forward. Very simple. I have been doing this since the 80's, I used ot be an acct. exec. but retired in 87 and since only trade my own stocks. GLTY.
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retireearly

06/17/10 8:39 PM

#16132 RE: DOLPHY #16128

actually, it is my understanding that when something has a low float if the volume is low then a walkdown can happen more easily so I think that it holds the float is low and that will be a good thing going upwards imo