News Focus
News Focus
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hispeedsoul

08/24/11 3:10 PM

#107109 RE: akeygon #107108

We went up because we were all anticipating an update on financing. Merle and Scott both kept stating "soon" on releasing more disclosure. People bought in anticipation, and many technical traders joined the party as well. Many MOMO groups jumped in. News released - sell off. Rinse/repeat cycle. Same thing happened before the Hawke report was released. No leaks. Just normal buying before news is released. We all knew something was coming. This endless cycle will hopefully end once the spinouts are complete.
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Evil Rabbit

08/24/11 3:42 PM

#107112 RE: akeygon #107108

That's precisely why people keep selling on the news here. They know a PR release from Scott is always followed with months of absolute silence interspersed with ambiguously coy tidbits from Merle. Again, hopefully that pattern is about to change...