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stockmarketmadness

01/25/11 11:59 PM

#17531 RE: fear ceoil #17528

Have you ever been involved in a stock with a due date? IMO this will continue to slowly rise through Feb 2. Feb 3 will be a down day due to everyone selling the shares they don’t want hold through the due date. If it gaps up tomorrow then yes people will sell into that gap, but they will sit on the bid once the gap closes. I don’t believe it will close at the LOD and if it does close in the red it will be red by a small percentage. Without a due date, then yes your statements will hold true most of the time. All of this is my opinion based on previous experiences with stocks that have due date.
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fear ceoil

01/26/11 4:33 PM

#17599 RE: fear ceoil #17528

Nice retrace. Can't wait until next week.


This shouldn't go down much further than this. Next week the PPS should pick back up on anticipation and explode on good news.

IMO

Best to all.