Replies to post #86662 on Sarissa Resources Inc (SRSR)

[downsideup]

If you think it is about charts...

AFTER the dump today, it looks like the charts show MAs are pinching it between 032 and 038

So, maybe, someone REALLY didn't want it moving easily up over 038 on the MAs today, which might make it look like there is any "support"... of the sort we know for a fact there IS in terms of market sentiment ?

I guess you'll need to wait to see where it closes, today... if you really DO care that much what someone else is willing to pay just to try to have the charts say what they want, that isn't true, instead of what you know, given what facts of the situation are ?

Not born yesterday... whatever the dynamic that created it, I do recognize a shake when I see one... and used that as the buying opportunity it likely is.

I'm not thinking the market action today or tomorrow will alter either the content or timing of the next couple of PRs...

Although I have no way of knowing for sure, I have my own "guesses" about what those are most likely to say... having done the DD, and having mapped things out in a range from best case to worst possible...

And I think the worst case is probably pretty darned good...

JMHO

Do your own DD

[OTC BB King]

Used to happen to me all the time when I was high flying, high risk, margin trading... I would try to let a margin call ride as long as possible, but at a certain point, the broker just market order dumps whatever they need to in order to cover the call. They could care less what it is, how thin the stock is, etc. it is all about the cash to cover the call.