Replies to post #231 on Adaptive Medias Inc (fka ADTM)

[Hurricane_Rick]

The other thing to think about is that there is decent buy side volume. I'm so used to seeing 25K blocks go by on pennies like it's no big deal, but then you have to take a step back and say MIMV is at .50. That 89K block that just went through a few minutes ago was more than $40k. Those 10K transactions all over the place are $5k here and $5k there. Not really penny players trying to nickel and dime a few ducats. A name like Microsoft does that for a stock.

I'll be in sooner than later I imagine. Might even take a position before EOD if/when momo players close out their positions. I like the follow through potential for a couple of days as the news disseminates and gets digested.

Your ANTS comparison seems fitting.

[Hurricane_Rick]

Back in at .445 for a smaller position based on the 5-minute chart. I usually prefer the 60-minute and Daily charts to swing trade, but the momentum and news is too strong on this one.

If necessary, I'll average down based on the 60 minute chart being oversold if/when that occurs...and average up on a break-out from .60.

Thanks for the wake-up call Whaz!