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CaptWhizbang

06/04/12 1:03 PM

#12648 RE: Seasound #12647

LOL! I'm hoping Lloyd makes his pile like the rest of us will.

It is never good to see the red pile up, but it is the wide swings that make CPST so playable.

I agree, CPST needs to release some good prs. It traditionally does release several before the quarter reports for some inspiration for the pps to rise before numbers are announced even if numbers miss and prs are pumps.

I am expecting that tradition to continue here in the next several weeks.

I am encouraged that the IH actions reported here seem to show that IHs are taking positions that perhaps show they are preparing for good news. Otherwise they would be holding unchanged or reducing their holdings, but the majority have added more.

Nothing to do but wait. I have my fingers crossed and extra Depends on hand....;)

CaptWhizbang

06/04/12 1:08 PM

#12649 RE: Seasound #12647

It looks like the pps may be setting itself up for a spike down and rebound leaving a hammer candle eod signaling a reverse at the bottom of trendline ,imo. I could be wrong here. Too early to call.

Fingers are crossed.

http://thepatternsite.com/Hammer.html