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wavxmaster

01/11/11 8:40 AM

#204658 RE: Weby #204654


Weby
You wrote:

"Between normal buying pressure as more people understand the broad range of Wave's position in Trusted Computing, and short cover pressure HAVING to cut in at some point, I'd expect less backing and more filling than your typical stock pattern. The real point about $5 is there's almost no natural resistance points above it unless you go back to the bubble days."


You're 100% right on the money! I posted about 5 weeks ago that things are now different and traders trade at their own peril! I warned that they may trade for a few cents but leave $$$'s on the table.

I wonder how many are looking to buy back shares that they traded at the $3.00 level!

Good luck with the July $5 options!

Wavxmaster