Replies to post #26942 on Sunergy, Inc. (fka SNEY)

[pooter03]

When (good) news is expected, people buy in before hand, trying to cash in on it. The price rises with the buying. When the news comes, many people sell, partly to lock profits, partly because they believe others will be selling in a sort of self-fulfilling prophecy, the price drops.


It is unexpected good news that can cause lots of buying when it is released.

Anywho, there are good fundamentals here, the price will continue on it's uptrend sooner or later after the short term players have their fill.

[Austinvball]

Traders will, Longs won't.

Also, think of how touchy the Bid is most of the time. If you hold 2mil shares you won't be able to drop them all at the same price, the bid will fall out from under you. Traders use buyers on good news to get out...Just an exit strategy.

[2hars]

To answer that truthfully, would be a definitely...PERHAPS!!! Regardless if the CE is removed, traders will still view this as a PINK and will get out before they become a bag holder. Those that believe it has potential of being more than the typical pink will show their grit by holding on. SNEY is going to continue traveling north, but do expect some pull backs now and then.
Smart money would hold on tight...
JMO
2hars