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KrakenTaken

06/25/10 6:02 PM

#42319 RE: naturallyk2 #42317

December 22nd 2009, I'm no SIMP
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Chunky Munky

06/25/10 6:03 PM

#42321 RE: naturallyk2 #42317

Shorters got hold of CDIV a couple times and shook it good. Same thing happened, it dropped intraday and came back at the end. The shares were gobbled up by those who KNEW it was going to be a long play, and it went up for a couple days afterwards.

Float Lockdown does not mean that the float is 100% trapped. Nor does it mean that a shorter can not short a couple million or more shares.

It means that the majority of the shares are tied up and will not be sold.

This day was freakin AWESOME. We had a newsletter group exit for a new play, we had a shorter/MM shake down, and came back to close within 2 ticks of the HOD.

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smittygoodcall

06/25/10 6:09 PM

#42328 RE: naturallyk2 #42317

Hard to say IMO...if you look at CDIV in early October topping out around .025...they had just had a nice little run then consolidated/pull backed similar to STHG then had a huge breakout signaling the next leg up, then they ran for a month before huge consolidation again. CDIV's run was a bit news driven too...so we could use some positive PR help along the way.