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cjstocksup

07/24/11 8:51 PM

#761 RE: dmlabuda #755

LMAO, seriously. I have no idea how you do your charting but we could not look any better going into a huge R/M with a low SS. Interesting you are so interested. I will say one thing, COVER!
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Sola Fide

07/25/11 2:09 AM

#770 RE: dmlabuda #755

Your analysis is rather skewed...but that I suspect is your intent.
There was only 1 trade at the open @ .13..1500+/- share trade ($200).
Either a limit order or a player trying to run the price.
The price rebalanced straight away to a bit over previous close, eventually it dropped to close that gap.
Followed by strong buying in the .055 to .075 (to .085) as the volume bars in the chart show. There was a lot of flipping action thru 2:30.
Being a Friday...buying pressure faded, but the buyers primarily held.
Friday end of day sellers, nothing surprising there, except that volume was very light toward close, few sellers, and perhaps a player or 2 trying to drop the price to buy / rebuy cheaper.

Easy mistake to misread a chart when you don't read the tape, that said I'm sure it was a purposefully misread on your part.
My suggestion....either man up and buy in....or don't.